Friday, November 13, 2015

Railways mulling flexi fares for all trains

CHENNAIIndian Railways is considering introduction of dynamic fares for all classes in all trains on the lines of air fares. The plan was mooted after the success of premium trains and Suvidha though fares were expensive, sometimes touching levels that are just 50% lower than air fares on many of the short routes. 

As passenger traffic has been dipping in the last few years across the country, railways is looking at different ways to generate revenue from passengers on high-density routes. Different suggestions are being mooted by the commercial wing of railway zones because railways has limitations in expanding its network. Passenger earnings went up by 8.5% in April-September period when compared to the corresponding period last year though the number of passengers dipped.

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