LAHORE: Pakistan Railways on Tuesday jacked up fares of passenger and freight trains to offset the recent hike in prices of petroleum products.
A spokesperson for the railways said in a Twitter statement that a committee was set up to hike rail fares in light of the increase in fuel prices.
It proposed a 15 per cent hike in all fares but the railway department decided to push up passenger train fares by 10pc and freight charges by 5pc instead so more financial burden is not put on passengers, he added.
Also Read: PM Imran Khan-led meeting mulls over subsidy on petrol to low-income groups
The new passenger rail fares would be effective from Nov 1 while the freight train charges from Nov 5, the spokesperson said.
پسنجرٹرینوں کے کرایوں میں اضافہ یکم نومبر سے اور فریٹ ٹرینوں کے کرایوں میں اضافہ 5 نومبر سے ہوگا۔ ترجمان ریلوے
— Pakistan Railways (@PakrailPK) October 26, 2021
On Oct 15, Prime Minister Imran Khan approved a Rs10.49 per liter increase in petrol price. Petrol now costs Rs137.79 per liter. The high-speed diesel price was jacked up by Rs12.44 per liter to Rs134.48.
Also Read: Govt told to explain hike in petrol, diesel prices
The price of kerosene oil was fixed at Rs110.26 after an increase of Rs10.95 per liter. Light diesel oil costs Rs8.84 more and is priced at Rs108.35 per liter.
