Published on 14/02/2018 12:23:10 PM | Source: Dion Global Solutions Ltd

Metro fares still nominal after increase last year: Minister

Posted in Industry News| #Industry #Piyush Goyal #Railway Minister

Railway Minister Piyush Goyal has said that the metro fare is still nominal even after it being increased last year. Commenting on the issue, Railway Minister Piyush Goyal told the media, "Metro fares in India are highly subsidized and none of the metros in the country is making money. It is a public utility, and even after the increase , it is a very, very nominal price that is charged on the metro." Goyal further said he aims to remove the backlog in the railways within the next two years.

"In December, we replaced over 470 kilometers of rail tracks, and in January, we have replaced 576-kilomters of worn out rail tracks," he added. Ongoing construction of railway tracks has impacted affected punctuality, Goyal said but assured that the hundreds of work taken up simultaneously, would bear fruit in the near future.