Pakistan Railways Slashed Train Ticket Prices after dip in petrol prices

Pakistan Railways Reduces Passenger Train Fares Following Government’s Cut in Petroleum Prices

Overview

In response to the federal government’s recent decision to lower petroleum prices, Pakistan Railways has announced a significant reduction in fares for all classes of passenger trains.

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This move aims to pass on the benefits of decreasing oil prices to the general public.

Fare Reductions

The fare reduction applies to both AC and economy class tickets, effective from August 3, 2024. Here’s a detailed breakdown of the new ticket prices:

• AC Class: Reduced by Rs100 to Rs150.
• Economy Class: Reduced by Rs50.

Government’s Petroleum Price Cut

A day before Pakistan Railways’ announcement, the federal government introduced a notable reduction in petroleum prices for the first half of August 2024. These changes were approved by Prime Minister Shehbaz Sharif and took effect on August 1, 2024, as per the Ministry of Finance notification.

New Petroleum Prices

• Petrol: Reduced by Rs6.17 per litre, setting the new price at Rs269.43.
• High-Speed Diesel: Reduced by Rs10.86 per litre, now priced at Rs272.77.
• Light-Speed Diesel: Reduced by Rs5.72 per litre, bringing the new price to Rs160.53.
• Kerosene Oil: Reduced by Rs6.32 per litre, with the new price at Rs177.39.

Impact on Passengers

The reduction in train fares is a welcome relief for passengers who frequently use Pakistan Railways for travel. This fare cut is expected to make travel more affordable, encouraging more people to choose trains for their journeys.

Benefits of the Fare Reduction

• Cost Savings: Passengers can save money on travel expenses, making train journeys more economical.
• Increased Travel: Lower fares may lead to an increase in the number of passengers using rail services, benefiting Pakistan Railways and the economy.
• Enhanced Accessibility: More affordable train fares improve access to transportation for a larger segment of the population, promoting inclusivity.

Conclusion

The decision by Pakistan Railways to reduce passenger train fares aligns with the federal government’s efforts to pass on the benefits of reduced petroleum prices to the masses. Effective from August 3, 2024, these fare reductions are a step towards making travel more affordable and accessible for everyone.

For more information on the new ticket prices and how to book your journey, visit the official Pakistan Railways website.

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