Pakistan Railways has announced a three percent increase in the fare for various freight trains following the government’s revision of petroleum prices.
A notification issued by the railways states that steel coils, petroleum products, LHC, LMC, and hunting charges, among others, will be exempt from this fare hike.
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The new freight train fares will be effective from July 3, 2024.
On Sunday night, the government raised petrol prices due to an upward trend in the international market.
The federal government increased petrol prices by Rs7.45 per litre, from Rs258.16 to Rs265.61, for the next fortnight (July 1-July 15).
The notification also states that the price of high-speed diesel (HSD) has been raised by Rs9.56 to Rs277.45 per litre, with the new prices taking effect from July 1.
“The prices of petroleum products have seen an increasing trend in the international market during the last fortnight,” the official notification stated.
This adjustment marks the first price change since the federal budget announcement for the fiscal year 2024-25 on June 12.
