Mumbai Suburban train travel may soon get costlier

Commuting by suburban local trains is set to become expensive with the railway ministry likely to approve the increase in surcharge levied to repay the World Bank loan taken for the rail component of Mumbai Urban Transport Project.

A surcharge has to be levied on suburban card tickets and season tickets for debt servicing. The proceeds of the revenue generated from the surcharge has to be shared equally between the state and railway ministry.

A senior railway official said, “The surcharge was to be imposed in three phases – in 2003, 2006 and 2009. The first surcharge was imposed in September 2003 from which the revenue earned was Rs 80 crore per annum.”

Maharashtra government has on various occasions asked the railways to introduce the second and third surcharge, but the railways have kept the decision at bay. If the surcharge is levied, it would yield a revenue of an additional Rs 80 crore per annum. The official said, “Chairman of Railway Board, Vinay Mittal, has briefed the railway minister Pawan Kumar Bansal about complications as surcharge hasn’t been implemented after 2003. There are indications that fares may go up on the suburban rail system.”

Another railway official said, “Since the surcharge hasn’t been levied since 2006, Maharashtra’s debt servicing for MUTP loan is adjusted by deducting money from funds meant for state under central assistance.”

The phase-wise fare hike will depending on distance. The fare will not increase for the 1-10km slab. However, for the 11-50km slab, the hike in the MST (monthly season ticket) will be Rs 10 for second class and Rs 20 for first class. The QST (quarterly season ticket) charge would go up by Rs 30 and Rs 60 for second class and first class, respectively.

In the 51-100km slab, the hike on MSTs will be by Rs 15 for second and Rs 30 for first class. For QST, the hike is Rs 45 in second class and Rs 90 in first. For 101-150km slab, the MST hike for first class will be Rs 40 and Rs 20 for second class.

Published in: on November 21, 2012 at 5:39 pm  Comments (1)  
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One CommentLeave a comment

  1. Good Work..!!!

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