Railway Budget 2013: Fuel surcharge on freight rates raised

NEW DELHI: Govt will raise a fuel surcharge of just under 5 per cent on railway freight traffic but will not introduce another passenger fare hike, the railway minister said on Tuesday as he presented his ministry's budget to parliament.

India's railway network is the world's fourth largest but it has suffered from years of low investment and political meddling.

The result is a creaking system plagued by delays, overcrowding and slow freight delivery times that sap the competitiveness of Asia's third-largest economy.


Railway Budget 2013 Highlights