The Modi Sarkar has announced about 14.2% hike in the passenger fare. The Congress Party and all the past rulers have found a fresh stock of ammunition against the Modi Sarkar and are leaving no stone unturned to tell people how “Acche Din” aren’t coming. I decided to find out the reason why Modi Sarkar decided to hike the fare. The information I found was shocking.
Let’s first understand that Indian Railway has been loss making! You can’t run a loss-making system for a long time unless you keep on injecting capital in it. Former Railway Board Chief J.P. Batra has said that the Railways make an annual loss of Rs. 29,000 crore only on the passenger trains. The latest Railway fare hike will only give the Railways an additional of Rs. 11,000 crore. Which means the Railways will continue to make losses.
The blame for the mess goes to the UPA government which did absolutely nothing to improve the situation of the railways and try to convert it into a profit making service that gives great railway stations, cleanest railways with the best possible food and security to the passengers. Now if Modi Government wants to offer that – they *MUST* hike the fare.
The Congress (and UPA) government has inculcated bad habits in Indians – that everything should be free or subsidised. That’s not the right way to do things. I believe Modi Government would hike the fare again to ensure that the railways become profitable in the next ~2 years. By the end of next 5 years, we should have much better railway services.
I welcome your arguments.