Blog Entry# 2097470
Posted: Dec 20 2016 (16:19)
Last Response: Dec 20 2016 (16:19)
Commentary/Human InterestDec 20 2016 (08:47) Railways revises flexi fare, offers new discounts
rdb*^ 128423 news posts
NEW DELHI: In a move to facilitate last minute passengers and ensure trains run on full capacity, railways has revised the flexi fare structure in premier trains by offering 10% rebate on vacant berths after finalisation of the reservation charts.
The transporter has also effected reduction in the tatkal quota in Rajdhani, Duronto, Shatabdi trains.
Railways had introduced the flexi fare system in elite Rajdhani, Shatabdi and Duronto trains on September 9, 2016 in which fares could go up by as much as 50% of the base fare with the increase in demand....
Dec 20 2016 (16:19)
For Better Managed Indian Railways~ 1933 blog posts
IR now is gradually getting into complex fare structure like the telecom (mobile) operators do. But a basic difference is there in the two cases. Telecom operators tried (succesfully) to attract customers by reducing rates gradually through discounts and drastically increased their volumes. So customers are a happy lot. IR on the other hand is trying to extract maximum revenue from the passengers by increasing rates where ever possible with reduction in its market share. So paxs are not happy and are gradually getting wary of continuous arm twisting.
If this policy is continued for long, a new competitor called luxury buses shall arise in due course of time and take away their premium paxs (ACIII/ACII) which are currently extorted to maximum...
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