NewsBytes
    Hindi Tamil Telugu
    More
    In the news
    Narendra Modi
    Amit Shah
    Box Office Collection
    Bharatiya Janata Party (BJP)
    OTT releases
    Hindi Tamil Telugu
    NewsBytes
    User Placeholder

    Hi,

    Logout


    India Business World Politics Sports Technology Entertainment Auto Lifestyle Inspirational Career Bengaluru Delhi Mumbai Visual Stories Find Cricket Statistics Phones Reviews Fitness Bands Reviews Speakers Reviews

    Download Android App

    Follow us on
    • Facebook
    • Twitter
    • Linkedin
     
    Home / News / India News / Railways to review flexi fares, could slash prices
    Railways to review flexi fares, could slash prices
    1/5
    India 2 min read

    Railways to review flexi fares, could slash prices

    By Vaneet Randhawa
    Sep 29, 2017
    10:21 am
    Railways to review flexi fares, could slash prices

    The Railways has now revealed that it would review the flexi fare system and may slash ticket prices. While this structure had given a revenue push, it also flooded the ministry with complaints about high prices. Numerous seats were left unoccupied due to high prices. Railway minister Piyush Goyal, said a way to meet "the revenue target without hurting people's pocket" would be formulated.

    2/5

    Trains getting expensive: Premier trains to start levying flexi fares

    The Railways introduced the flexi fare system for trains like Rajdhani, Duronto, and Shatabdi from 9 September'16. This, in effect, meant that the base fare increased by 10% with the sale of every 10% berths/seats. Other additional charges like reservation, catering and service tax are separate. However, there wasn't any change in the fares for 1AC and EC class of travel.

    3/5

    How many trains will be affected by this?

    The flexi fare is only meant for the 42 Rajdhani, 46 Shatabdi and 54 Duronto trains. The Railways is expecting a Rs. 500 crore revenue jump with the introduction of the flexi fares.

    4/5

    The flexi fare ropes in Rs. 540 crore revenue

    The Railways revealed that under the flexi fare system, an additional revenue of Rs. 540 crore was earned. Given this, it is unlikely that the scheme would be discontinued by the Railways. A senior official said that 85,000 passengers had been gained since the launch of the scheme, pointing towards the fact that "even passengers are not averse to the scheme."

    5/5

    Vacant seats in premier trains lead to flexi fare revisions

    Given the rise in the number of vacant seats, the Railways revised the flexi fare structure to lure last-minute travelers. The 30% tatkal fees was waived off premier trains. After the preparation of the 1st chart, a 10% rebate will be given for vacant berths. Apart from providing discounts for certain trains, the tatkal quota was also reduced from 30% to 10%.

    Facebook
    Whatsapp
    Twitter
    Linkedin
    Related News
    Piyush Goyal
    Indian Railways
    Election Commission of India (ECI)

    Piyush Goyal

    Food served onboard trains must carry important details: Piyush Goyal Indian Railways
    Railway Minister suggests measures to improve safety India
    Jammu Rajdhani Exp derails in Delhi, no casualties Delhi
    After three derailments, new Railways Minister focuses on damage control India

    Indian Railways

    Python trains: India's efficient, cost-effective answer to ferrying of goods India
    Durga Puja: IRCTC's special menu for trains, food outlets India
    An additional 4,000 trains will ply this festive season India
    Rail passengers cannot sleep beyond 10pm-6am in reserved coaches India

    Election Commission of India (ECI)

    EC disqualifies Jharkhand ex-CM Madhu Koda from contesting polls Jharkhand
    Nitish nod to simultaneous LS-VS polls, but no 2019 elections Bihar
    AIADMK meet: Sasikala sacked, Jayalalithaa to remain "eternal general secretary" AIADMK
    No fly list: Govt ID mandatory for domestic flight tickets India
    Next News Article

    Love India News?

    Subscribe to stay updated.

    India Thumbnail
    Indian Premier League (IPL) Celebrity Hollywood Bollywood UEFA Champions League Tennis Football Smartphones Cryptocurrency Upcoming Movies Premier League Cricket News Latest automobiles Latest Cars Upcoming Cars Latest Bikes Upcoming Tablets
    About Us Privacy Policy Terms & Conditions Contact Us Ethical Conduct Grievance Redressal News News Archive Topics Archive Download DevBytes Find Cricket Statistics
    Follow us on
    Facebook Twitter Linkedin
    All rights reserved © NewsBytes 2023