India: Indian Railways has raised a freight tariff of 15% on all commodities, including cement, from 1 October 2013. Designated a busy season charge in a railway notification, the tariff is due to run until June 2014. The charge precedes a review of the fuel adjustment component (FAC), applicable after every six months to adjust fuel prices, that was also due on 1 October 2013.
Indian rail freight rate up by 15%
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