NEW DELHI, July 3 (Reuters Life!) - India will keep its rail freight and passenger rates unchanged for the current financial year that began in April, railways minister Mamata Banerjee said on Friday.
'I am also aware the economic recession has caused much economic burden on the poor section of the society also,' she said, presenting its budget for 2009/10. 'That's why I do not propose any increase in the passenger fares.'
'Similiarly I do not intend to increase the freight rates.'
(Reporting by Rajkumar Ray and Manoj Kumar; Editing by Ranjit Gangadharan)
((surojit.gupta@thomsonreuters.com; +91 11 4178 1016; Reuters Messaging: surojit.gupta.reuters.com@reuters.net)) Keywords: INDIA ECONOMY/RAIL FARES (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
'I am also aware the economic recession has caused much economic burden on the poor section of the society also,' she said, presenting its budget for 2009/10. 'That's why I do not propose any increase in the passenger fares.'
'Similiarly I do not intend to increase the freight rates.'
(Reporting by Rajkumar Ray and Manoj Kumar; Editing by Ranjit Gangadharan)
((surojit.gupta@thomsonreuters.com; +91 11 4178 1016; Reuters Messaging: surojit.gupta.reuters.com@reuters.net)) Keywords: INDIA ECONOMY/RAIL FARES (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
© 2009 AFX News
