Ministry of Railway modifies the passenger fare revision circular in connection with Monthly Season Tickets (MST) and second class suburban fare
The circular for
revision of passenger fares issued by Ministry of Railways that was to come
into effect from 25.6.2014 had among other things made a change in the way the
fare for monthly season tickets (MSTs) was to be calculated. In the
existing system, the MST is 17-15 times the value of a single journey ticket
for the same distance slab whereas the circular indicated that MSR fare would
be now equivalent to 30 single journey fare for the same distance slab.
Inclusive of the 10% fare hike and 4.2% FAC, the new MST fares ranged 1.7 times
to 3.5 times of the old MST fare. Despite the fact that MSTs are highly
subsidized, Ministry of Railway has now decided to modify the fair
revision circular and hence a decision has been taken to increase the cost of
existing MST fare by only 14.2% inclusive of FAC, i.e., the Monthly Season
Tickets for both suburban and non-suburban shall now be charged at 14.2%
over the existing rates rounded off as per extant instructions.
Further in the second
class ordinary suburban single journey fares, it was noticed that upto a
distance of 80 kms, there was increase in 3 of the slabs only and because of
rounding off, the increase was coming to more than 14.2%. A view was
therefore taken to avoid any hike in fares upto a distance of 80 kms.
Thus there is no change in fare for second class suburban travelers for a
distance upto 80 kms.
In view of the above
modifications, the revised fares in the unreserved segment shall come into
force from 28.6.2014. However, for reserved segment, the revised fares
shall come into effect from 25.6.2014 as notified earlier.
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