Indian Railways ticket prices to be hiked? Here is what has happened
In a meeting with Minister of Railways Piyush Goyal, Railway Board Chairman and other officials, the Finance Commission held discussions on medium-term programme to improve capital expenditure in various initiatives like speed up electrification, doubling of track, modernising the signals and technical upgrading. All of this requires substantial investment, but Railways is not really generating that kind of money from its own resources.
The 15th Finance Commission led by N K Singh has outlined measures to further improve productivity of Indian Railways. Image source: PTI