The Railways' decision for a more than 15 per cent across-the-board hike in freight rates hit hard on the industry at the time of high inflation. The move is meant to help the railways garner more revenue and is likely to translate into a Rs 6,000-7,000 crore burden on the industry. The hike included a 10 per cent busy season charge on the base freight rate and a five per cent development surcharge.
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Home » Rail freight rate hike
Rail freight rate hike
Railways & Metro Rail
November 1, 2011November 1, 2011
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