In a development that could have financial repercussions for both passengers and shippers, Pakistan Railways has announced a five percent prices increase for all passenger train tickets. This decision, the second fare hike in a month, will take effect starting tomorrow, September 2.
The rationale behind this fare increase is attributed to the rising costs of diesel fuel. Railway officials have stated that the burden of these increased costs is being passed on to passengers.
With this latest fare adjustment, the overall cost of rail travel has risen by a significant 15 percent in just a few weeks. This abrupt increase presents financial challenges for commuters and businesses who must now grapple with the financial implications of consecutive fare hikes.
The five percent increase in passenger train tickets prices is expected to affect travelers nationwide. This price hike will impact those who rely on trains for their daily transportation needs, including both work and leisure travel.
Moreover, the five percent rise in tariffs for booking parcels and freight may pose challenges for businesses and traders who rely on Pakistan Railways for transporting their goods.
This additional financial burden has the potential to influence the prices of goods and services, potentially affecting consumers.
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