Under the new framework, the government will own all major rail assets including trains, rails and signalling systems. It will then lease the infrastructure to the public transport operators so the government will have much more control over the costs that public transport operators face. However, analysts are predicting that it will not result in a decrease of fares. Instead, fare hikes are likely to just become slightly less frequent and fares will probably increase by smaller amounts. What do you think?
Posted on: Tue, 06 May 2014 04:46:43 +0000
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