Pakistan Railways has announced a hike in fares for all express, saloon, and shuttle trains, following a recent increase in the prices of petroleum products in the country. The new fares will be effective from tomorrow (Friday).
As per media reports, Pakistan Railways has announced a 2 percent increase in train fares after the recent hike in oil prices by OGRA.
According to a notification issued by the Railway Headquarters, the fare hike will apply to all classes and all trains across the country. The new fares will come into effect starting July 4. Authorities have been sent to the Director IT and all Divisional Superintendents (DS) to ensure the revised fare structure is updated accordingly.
As per the Ministry of Finance, the price of high-speed diesel has gone up by Rs 10.39 per litre, while petrol is now Rs 8.36 more expensive.
With this increase, diesel now costs Rs 272.98 per litre, and petrol stands at Rs 266.79 per litre.
The fare adjustment comes after the federal government, on July 1, approved a fuel price hike for the next 15 days, acting on recommendations from the Oil and Gas Regulatory Authority (OGRA) and the Ministry of Energy.
