LAHORE: Pakistan Railways (PR) has 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 post 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.
Read more: PoL prices likely to go up from November 1
The new passenger rail fares would be effective from Nov 1 while the freight train charges from Nov 5, the spokesperson said.
پاکستان ریلوے نے پٹرولیم مصنوعات کی بڑھتی ہوئی قیمتوں کے پیش نظرٹرینوں کے کرایے بڑھانے کےلیےسے کمیٹی تشکیل دی تھی۔کمیٹی نے %15کرایے بڑھانے کی تجویز دی جبکہ وزارت ریلوے نے مسافروں پرمعاشی بوچھ کم کرنے کے لیےفریٹ کا %5جبکہ پسنجر ٹرینوں کا %10کرایا بڑھانے کا فیصلہ کیاہے۔ترجمان ریلوے
— Pakistan Railways (@PakrailPK) October 26, 2021
Meanwhile, according to sources in the oil marketing companies (OMCs), petrol price is expected to increase by Rs7 from November 1.
Meanwhile, diesel price is likely to increase up to Rs9 per litre, industry sources added. However, they added that fluctuations in imported oil prices during the next five days will determine the final price.
