Mumbai: Fares of AC locals won't be reduced anymore, says Railway Board Chairman VK Tripathi

Railway Board boss rules out season ticket price cut like single tickets, says any more reduction will result in revenue model collapse

Indian Railway Board’s Chairman V K Tripathi, who was in Mumbai on Sunday, said the fares of AC locals won’t be reduced anymore, as further reduction would be akin to freebies. He added that such a move will lead the railways to collapse like the Sri Lankan economy. Union Minister of State for Railways Raosaheb Danve on Friday announced slashing of single-journey ticket fares for air-conditioned local trains in Mumbai by 50 per cent.

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