#Cosmoread: Railway Minister Suresh Prabhu budget is not raised passenger fares or freight. But the rating agency believes that India Ratings government revenues during the year to achieve the politically difficult decision to increase fares have to.
India Ratings said in a note, “in the budget, there is no proposal to increase passenger fares or freight rates. However, the average income of the various segments is expected to increase 10 to 12 percent. So, this year, will open the way for an increase in fares. ‘Note that in view of the fiscal constraints it is unlikely that the budgetary support for the railways will bridge the revenue gap.