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Blog Entry# 2032110  
Posted: Oct 22 2016 (07:36)

27 Responses
Last Response: Oct 24 2016 (07:00)
Rail News
IR Affairs
Oct 22 2016 (07:32)   Indian Railway faces revenue loss of Rs 200 crore as holidaymakers prefer to fly with airlines offering cheap deals

KYN WAP7 🚄 🚃 🚃 🚃 🚃 🚃*^~   10 news posts
Entry# 2032110   News Entry# 283688         Tags   Past Edits
Indian Railway faces revenue loss of Rs 200 crore
Despite surge pricing in Express trains Railways’ revenue collection in the first half of October has declined by Rs 232 crores
Occupancy in these trains has been hit by 15 to 20 per cent after flexi fare scheme was introduced
Domestic airlines have introduced cheaper deals to popular holiday destinations like Goa, Kochi
and Mumbai
See more news from India at www.dailymail.co.uk/indiahome
The much-criticised flexi fare scheme introduced in premium trains to boost Railways’ revenue has done just the opposite.
Despite surge pricing in Rajdhani, Shatabdi and Duronto Express trains during the festive season, Railways’ revenue collection in the first half of October has declined by Rs 232 crores as compared to the previous year.
The trend is likely to continue during the winter vacations - Christmas and New Year festive season - as a majority of seat booking in Rajdhani and Shatabdi Express trains are vacant for the months of December and January.
Despite surge pricing in Rajdhani, Shatabdi and Duronto Express trains during the festive season, the revenue downtrend is likely to continue during the winter vacations as a majority of seats are vacant in December and January
These include trains to destinations like Goa, Kerala, Mumbai, Kolkata, Amritsar, Lucknow and Chennai, among others.
A senior railway ministry official said occupancy in these trains has been hit by 15 to 20 per cent after flexi fare scheme was introduced.
The ministry was expecting a significant rise in revenue collection but the result has been quite disappointing.
“The flexi fare scheme has backfired. Occupancy in trains has gone down substantially as passengers are getting flight tickets at cheaper rates. The railway ministry will review the scheme only after three months,” said the official.
A number of trains like Mumbai Rajdhani, August Kranti Rajdhani, Sealdah Rajdhani and Trivandrum Rajdhani have a large number of vacant seats during mid-December.
Normally these trains would have a long wait list, but a slump is seen, as major domestic airline companies have introduced cheaper deals on their tickets to popular holiday destinations like Goa, Kochi and Mumbai, at prices as low as Rs 3,000.

6 posts - Sat Oct 22, 2016

16 posts - Sun Oct 23, 2016

Oct 23 2016 (17:23)
Foamer~   1468 blog posts
Re# 2032110-23            Tags   Past Edits
Yes. Also to show-off he is changing things. Its all a media-PR exercise. More fire-fighting thru twitter, better publicity and good perception in the eyes of his leader.

Oct 23 2016 (21:58)
Proud atheist~   4101 blog posts   37 correct pred (63% accurate)
Re# 2032110-24            Tags   Past Edits
click here
Ye dekhiye freight income ki halat aur phir boliye ki kya galat kar diya hai Current RM ne..2012-13 se compare kariyega to pata chalega ko RM ko badalna bhi zaruri hai.

Oct 23 2016 (22:58)
©The Dark Lord™~   5814 blog posts
Re# 2032110-25            Tags   Past Edits
To humne kab bola ki ye Rail Mantri accha ker rahe hai, humare image mat kharaab kijiye...:D BTW freight income me aur downfall hoga or tab tak hoga jab tak freight tariffs ko Road transportation ke barabar nahi laya jata. Jub tak kare koi or bhare koi policy rehegi tab tak ghata hota rahega. Freight ka rate bhi to passenger segment k loss ko compensate karne k liye badhaya gaya tha na.Agar charity kerna hai Railway ko to profit bhool jaye or agar profit chahiye to subsidy bhool jaye. Charity or Munafa sath me nahi hota. Duniya ke sabse mahaan economist ko bula k le aaiye tab bhi railway loss me hi jayega unless loss making classes ke fare na badhaye jaye. Bramh Wakya/undeniable truth hai ki Railway to sirf ek cheej munafe me la sakti hai or wo hai loss making classes k fare me increment or ye bhi...
tai hai ki filhaal isko karne ki himmat na kisi party me hai or na kisi neta me. Dinesh Triwedi yaad hai na, Bechare pe abhi tak mujhe daya aati hai.
Waise ye freight income ke downfall ka or bhi reason hai jaise oil prices kum hone k kaaran Road transportation or cheaper ho gaya or heavy industrial production me kami. Ye bhi reason hai.

Oct 23 2016 (23:18)
Lucknow Metro~   2360 blog posts   9 correct pred (47% accurate)
Re# 2032110-26            Tags   Past Edits
Agreed. He should have increased prices where IR has a complete monopoly like suburban traffic. They could have increased some rates of SL class as well since those pax won't migrate as well. For ACs, fare should only be increased in those trains that have enough demand like Vaishali and not trains like DEE-YPR Duronto. And most important of all , IR should migrate to dynamic fare structure than flexi fare.

Oct 24 2016 (07:00)
KYN WAP7 🚄 🚃 🚃 🚃 🚃 🚃*^~   5509 blog posts   1509 correct pred (75% accurate)
Re# 2032110-27            Tags   Past Edits
Hum freight nhi jaate... Logo ko asuvidha hui hai crap flexible fares se...is liye khali chal rahe hai shatabdi aur dusri trains.... Faltu dikhawa na karte hue govt ko flexi fares band karna chahiye.... Budget me nai badhate fares budget k bad badhate hai aise nautanki hai. Previous govt atleast had guts to raise fares in budget...but disgrace is that we have weak opposition now...they don't raise voice...like before when any accidents or tragedies occurs the RM was asked to resign...bt now.. nobody to question nobody to answer.... Shame....

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