Detecting location…
Breaking News

Railways Announces 5–10% Fare Increase for Passenger Trains After Petrol Price Hike

Railways Announces 5–10% Fare Increase for Passenger Trains After Petrol Price Hike

Travelling by train is set to become more expensive after Railways announced an increase in passenger and cargo fares. The decision follows a record rise in petroleum prices announced by the government.

According to officials, economy class ticket prices will increase by 5 percent. Meanwhile, fares for air-conditioned classes will rise by 10 percent. The increase is part of efforts to manage rising operational costs faced by Railways.

In addition to passenger fares, cargo train charges have also been raised. Freight rates will increase by 20 percent. This change may affect the cost of transporting goods across the country.

The revised fare structure will come into effect on Monday, March 9. However, Railways officials clarified that passengers who already booked tickets will not pay the new rates. Existing bookings will remain valid at the previous prices.

Railway authorities said the department is still absorbing part of the increasing expenses. Operating trains has become significantly more costly due to rising fuel prices. Officials said the fare adjustment was necessary to keep services running.

The increase in fares comes after the government announced the largest fuel price hike in Pakistan’s history. Both petrol and high-speed diesel prices were raised by Rs55 per litre.

Under the new pricing, the ex-depot rate of high-speed diesel has increased from Rs280.86 to Rs335.86 per litre. This represents an increase of nearly 20 percent.

Petrol prices have also jumped sharply. The rate has risen from Rs266.17 per litre to Rs321.17 per litre. This marks an increase of around 17 percent.

Government officials say the sharp rise in fuel prices reflects economic pressure caused by international developments. The ongoing US-Israel conflict involving Iran has disrupted global energy markets.

Pakistan relies heavily on oil shipments that pass through the Strait of Hormuz. Any disruption in this key maritime route directly affects fuel supply and prices in the country.

In other news read more about: PM Shehbaz Chairs Meeting on Economy, Orders Measures Amid Rising Fuel Prices

Authorities say these changes are already affecting several sectors. Transportation is among the first to feel the impact. As a result, Railways has adjusted its fares to manage growing operational costs while continuing passenger services across Pakistan.

Facebook
Twitter
LinkedIn
Pinterest
WhatsApp