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Blog Entry# 2051748  
Posted: Nov 07 2016 (16:39)

9 Responses
Last Response: Nov 08 2016 (08:46)
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Nov 07 2016 (13:25)   Rail fares may be hiked in coming budget

Jayashree ❖ Amita*^   35881 news posts
Entry# 2051748   News Entry# 285044         Tags   Past Edits
The Indian Railways may increase passenger fare in the coming budget.
According to sources, the ministry is considering a direct increase in the passenger fare as the dynamic fare system introduced in important trains did not help increase revenue on expected lines. 
The ministry does not find it logical to increase freight charges, officials said. 
“It was anticipated that the flexi-fare system will increase
revenue. However, it is not the case; the revenue is going down. A decline in the number of passengers has also been noticed. So, there are suggestions that fares in the passenger segment be increased,” a railway official said.
According to them, the increase across the board may be the best thing to do.
The railways have increased the cost of rail travel by various changes in the fare structure and refund rules. But, it has not been able to reduce the loss incurred in the passenger segment of the railways.
The data on the income and expenditure of the railways during July-September, the second quarter of the financial year, has shown a reduction in freight revenues,  despite various measures of freight rationalisation.

4 posts - Mon Nov 07, 2016

Nov 07 2016 (18:05)
Classic Incantations~   797 blog posts   43 correct pred (64% accurate)
Re# 2051748-5            Tags   Past Edits
Won't that be same as not charging superfast fare for trains like those?
Moreover, considering conditions like economy crisis(that is forcing them to increase fare) and mission raftaar in which they want to increase speed, they will never do that.

Nov 07 2016 (18:09)
SCR Godavari Express~   2353 blog posts   11 correct pred (92% accurate)
Re# 2051748-6            Tags   Past Edits
The trains should run with more punctuality, SF trains should be speeded up by reducing ths slacks.. Instead of dynamic fare system.. they can fix some fare which is higher than SF trains..

Nov 07 2016 (18:10)
Had a Journey of RPM WAP7 mania~   1115 blog posts   6 correct pred (73% accurate)
Re# 2051748-7            Tags   Past Edits
This may increase revenue nd won't be flop as flexi fare,surge pricing,dynamic fare

Nov 07 2016 (18:16)
Venkat వెంకట్   2589 blog posts
Re# 2051748-8            Tags   Past Edits
railways should pay for LATE if they do further hike.

Nov 08 2016 (08:46)
Liberty to speak   375 blog posts   917 correct pred (64% accurate)
Re# 2051748-9            Tags   Past Edits
I agree with u . Slack time Shud b reduced and dynamic fare system Shud b ended and Shud charge 100 to 200rs depends upon distance.

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