"Fare will not be increased for the sake of increasing fare. If fare will be increased, then it will be for providing better services to the passengers," Bansal said when asked whether passenger fares will be hiked in the near future.
"The improvement in services will have to be commensurate with the increase in fare," he said after assuming charge at Rail Bhawan here.
At present, the railways are facing financial crunch and funds earmarked for many of the ongoing projects are being curtailed.
Justifying the need for a such step, the Railway Minister said, "We have to ensure that the vast infrastructure of the railways does not collapse and stop functioning... So we have to increase fares and assure the public that if there will be any hike, the public will also appreciate it because we are going to improve the services."
However, he did not go into the nitty-gritty of a possible passenger fare hike. "I have just assumed charge...I will discuss the issue threadbare."
The new Minister of State for Railways Adheer Kumar Choudhury, who also assumed charge, favoured a hike in passenger fares.
"Prices have increased in every area...So why not in the railways. Common people will not oppose it (fare hike) if services will be proper," said the West Bengal Congress leader and a known critic of TMC chief Mamata Banerjee.
Choudhury said, "Rail services have fallen in the last few years. There are increasing number of complaints with regard to the services. Safety and security is a big concern for the railways and I think these areas need attention." (More)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
