7th Pay Commission implementation may force Railways to hike Rail Fares – 5% to 10% increase in passenger fare expected Railways have conducted a study by Axis Capital which has recommended a 10 per cent hike in passenger fares and a 5 per cent raise in freight rates to improve the state-run transporter’s finances. Facing resource crunch, Indian Railways is said to be … [Read more...] about 7th Pay Commission implementation may force Railways to hike Rail Fares – 5% to 10% increase in passenger fare expected
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