Pakistan Railways is adjusting its fares due to a recent surge in petroleum prices. From July 19, 2024, passenger train fares will rise by 1%, while freight train fares will increase by 2%. This decision follows a government-mandated hike in petrol prices by Rs. 9.99 per liter to Rs. 275.60 and increases in high-speed diesel and kerosene oil.
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The fare increases will affect all passenger train classes, including economy, AC standard, AC business, and AC parlor, as well as mail, express, and intercity trains, including those in public-private partnerships. Divisional superintendents have been directed to update fare tables to reflect these changes.
Earlier this month, freight rates had already been raised by 3%, following the release of Pakistan Railways’ financial report for 2023-24, which showed record revenue of Rs. 88 billion, exceeding the government’s target of Rs. 73 billion and representing a 40% increase from the previous year’s earnings.
