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News Entry# 288458
  
Dec 13 2016 (08:06)  Railways to revise flexi-fare formula to attract last minute bookings (timesofindia.indiatimes.com)
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Commentary/Human Interest

News Entry# 288458   Blog Entry# 2089942     
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This is a new feature showing past edits to this News Post.

Posted by: rdb*^  129327 news posts
NEW DELHI: Worried over vacant seats in premier trains, railways have decided to make a few changes in the flexi fare structure+ to attract last minute passengers.
Currently, the fares of Rajdhani, Duronto and Shatabdi can go up to 50 per cent more than the base fare as per the flexi fare system introduced on September 9.
However, now as per the decision expected to be notified shortly, the higher fares in premier trains can go upto 40 per cent instead of 50 per cent ceiling after finalisation of the reservation chart.
Vacant
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berths available after the finalisation of the chart will be offered at 1.4 times higher than the base fare instead of current practice of 1.5 times increase, said a senior Railway Ministry official.
There were 5,871 vacant berths in Rajdhani, Shatabdi and Duronto trains during September 9-October 31 this year, according to railways.
Railways' flexi fares likely to boost air travel
If a passenger wants to travel after the finalisation of the chart then he can avail it by paying only 40 per cent higher than the base fare instead of 50 per cent, subject to availability of berths, he said.
Under the flexi-fare scheme, the fare increases by 10 per cent with every 10 per cent of berths sold subject to maximum prescribed limit 1.5 times in Sleeper, 2AC, AC Chair Car and in 3AC class.
No change has been made in the fare for 1st AC and Executive Class of travel.
Railways is expecting to earn Rs 500 crore in current financial year from flexi fare structure in 42 Rajdhanis, 46 Shatabdis and 54 Durontos.

  
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Dec 13 2016 (18:42)
For Better Managed Indian Railways~   1933 blog posts
Re# 2089942-1            Tags   Past Edits
Perfect example of the phrase "Kanjoos-Makhee Choos".
Thank God IR is big hearted enough not to try offering unsold berths at 1.45 times the original fare!
This step of IR reminds of Jeevan the bollywood actor of 60s-70s yelling at his henchmen rough handling the trafficked girls- "Jyada Chamdi mat udhedo nahin to damdi nahin milegee"!!!.
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