Islamabad: Pakistan Railways (PR) on Monday raised the fares of passenger trains by 5% after the government jacked up petrol prices three days ago.
The increase will be applicable from tomorrow (Sept 19). A notification has been issued in this regard.
Earlier, the Goods transporters hiked fares by 10% on Sunday, following the recent increase in diesel prices by the interim government.
The head of the good transporters association, Tanveer Ahmed Butt, claimed that the rising price of fuel had forced them to raise the rate. Following the “hike in diesel prices up to Rs40 per litre in 15 days,” the goods transporters declared an increase in fares by 10 percent.
Tanveer claimed in a statement that the sharp increase in diesel prices had driven up their costs and that they are just operating transportation to keep the nation moving.
According to Tanveer Butt, if we stop operating transportation, unemployment will rise.
Following a rise in fuel costs earlier in the month, local carriers unilaterally raised the charge by up to 20% without seeking approval from the authorities.
It is pertinent to mention here that the government revises prices of petroleum products fortnightly. The interim government has increased the prices three times since it took the charge in August. Three days ago the fuel prices were increased by Rs. 26 per litre.
