Now a days every panel is recommending increase in fare/price. However one has to think that whether any government is going to give back to common man or to few industrialist or they will use such crores of fund for another scam.
There is fundamental issue when a panel is set up to recommend railway fares. There should be a transparent mechanism to determine fares and just like petrol prices, should be updated frequently (at least quarterly if not monthly). It then does not come as surprise. Also a sharp revision causes sharp reaction (like Diesel prices raise). This can be avoided.
Prices can be increased because passenger traffic is increasing and so also the fuel/energy prices. By not increasing the price, railways will only deteriorate further from where its services stand today. Moreover, there will be no surplus to finance railway infra upgrades which compromises on safety and timely availability.
In fact, on highly crowded routes, railway should also consider peak pricing to level out the traffic. Shorter routes should also be priced a bit higher than long hauls. Premium prices on first class esp for superfast trains also needs to be considered during peak seasons.
What have the earlier hikes been for. The people who manage railway finances are obviously not doing their job properly. And the worst are the ministers who do not even think twice before introducing new trains to their own constituencies even if the new trains are running in loss. What is required is professionalisation of management.
Those who have not seen a railway station can not but be expected to make such recommendations. Deepak Parekh has inherited wealth from his uncle HT Parekh and so he believes that everybody has inherited wealth and can therefore afford every hike.
THE RAILWAY FARE SHOULD BE LINKED TO THE INFLATION. THE FREIGHT SHOULD AUTOMATICALLY INCREASE EVERY YEAR BASED ON THE INFALTION INDEX. IF IT IS DECIDED THAN FIGHT FOR FARE INCREAMENT WILL STOP FOR EVER.