Lalu cuts down rail fares,
proposes many travel-friendly schemes
NEW DELHI: A five per cent
cut in passenger fares in second class in long distance trains and a reduction
in upper class fares has been proposed in the rail budget for 2008-09 which also
has no across-the-board increase in freight rates.
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Ten Garib Raths, 53
new trains to be introduced
NEW DELHI:
Railway Minister Lalu Prasad has proposed the introduction of 10
Garib Raths and 53 new trains in his fifth Railway Budget.
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Railway expects
earnings to grow 12% despite fare cuts
NEW DELHI: Indian
Railways on Tuesday projected its gross traffic earnings to grow by
over 12 per cent next fiscal, despite slashing passenger fares and
announcing cuts in freight rates for select commodities and
destinations.
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