Rediff News
All News

NewsApp (Free)

Read news as it happens
Download NewsApp
Rediff.com  » Business » Lalu proposes 'Garib Rath'

Lalu proposes 'Garib Rath'

Source: PTI
February 24, 2006 12:59 IST
Get Rediff News in your Inbox:

A fully air-conditioned 'Garib Rath' (poor's chariot), to be run on a pilot project basis initially with four pairs of services and fares about 25 per cent lower than the present AC-III tier, was proposed in the Railway Budget on Friday.

Railway Minister Lalu Prasad Yadav, presenting the Rail Budget, has effected no increase in passenger fares and rationalised passenger tariff structure so that the fares of AC-I and AC-II class would be 11.5 times and 6.5 times of the 2nd class respectively.

The reduction in AC-I class fares by 18 per cent and AC/II by 10 per cent in the backdrop of growing competition from low cost airlines was proposed.

The Railway Budget 2006-07

Get Rediff News in your Inbox:
Source: PTI© Copyright 2021 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.
SHARE THIS STORY 

Moneywiz Live!