Minister for Railways Sheikh Rasheed Ahmed announced an increase by up to Rs 100 in train fares of economy class that will be applicable from next month. "Fares of different trains will be increased up to 10 per cent from the next month to contain losses being incurred by Pakistan Railways," he said, speaking at a press conference here Saturday.
The cash-starved national entity had to increase fares under compulsion owing to rise in fuel prices, he said, adding that there won't be any increase in fare of train for up to 50 kilometres travelling.
Sheikh Rasheed said Prime Minister Imran Khan would inaugurate Sir Syed Express passenger train on July 3 at Rawalpindi railway station. He said Mianwali Express and two other trains would also be launched within one month. Answering a question, he said he is in favour of a proposed agreement between the government and the opposition on the matters related to the national economy.