Updated On: 02 May, 2022 07:18 AM IST | Mumbai | Rajendra B. Aklekar
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 VK Tripathi
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.
Tripathi, while addressing a press conference on Sunday, was asked if there was any plan to reduce prices of season ticket fares, too. “Mumbaikars usually have the paying capacity. I would like to mention that we will have to change our outlook as a society. We will have to remove from our minds to want every service for free. Look at what happened to Sri Lanka. Every service has a fee and it needs to be recycled so that the money can be put back into the system. We cannot have things for free,” he replied.
For any queries please contact us: E-mail: support@mid-day.com