UPA rail min breaks silence over steep fare hike

  • 5 years ago
The government on Friday pushed through a steep hike in rail passenger and freight fares, the first dose of the "bitter medicine" Prime Minister Narendra Modi has warned is needed to revive the economy.India's railway network is one of the world's largest, but years of low investment and populist policies to subsidise fares at affordable levels have crimped growth in new lines and hindered private investment.

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