On the day the election results were declared, the railway board issued notification to announce the revision in fares.
The circular states, "There shall be 10 per cent increase in passengers across all categories including passenger trains. There shall be no increase upto minimum distance for charge. "
Over and above this, there shall also be fuel adjustment component (FAC) linked revision in fares as announced in Railway budget, the circular states.
The board has also revised the formula as per which the season ticker fares was charged. The circular states, "Monthly season tickets for suburban and non-suburban will be charged as per 30 single journey instead of 15 single journeys. Fares for first class will be charged four times the second class monthly season tickets as is done presently."
The revised fares will be applicable to tickets issued in advance for journey to commence on or after May 20.
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