"Fare will not be increased for the sake of increasing fare. If fare will be increased, then it will be for providing better services to the passengers," Bansal said when asked whether passenger fares will be hiked in the near future.
"The improvement in services will have to be commensurate with the increase in fare," he said after assuming charge at Rail Bhawan here.
At present, the railways are facing financial crunch and funds earmarked for many of the ongoing projects are being curtailed.
Justifying the need for a such step, the railway minister said, "We have to ensure that the vast infrastructure of the railways does not collapse and stop functioning... So we have to increase fares and assure the public that if there will be any hike, the public will also appreciate it because we are going to improve the services."
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