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Blog Entry# 2042586  
Posted: Oct 31 2016 (00:35)

3 Responses
Last Response: Oct 31 2016 (08:47)
Rail News
Oct 30 2016 (13:29)   Lalu sniffs scam in rail deficit run

For Better Managed Indian Railways~   948 news posts
Entry# 2042586   News Entry# 284345         Tags   Past Edits
RJD boss Lalu Prasad, a former railway minister, today alleged a scam in the ministry claiming Indian Railways was facing a deficit in spite of increase in passenger fares."Railway fares are increasing and no seats are available on trains but the railway is facing a deficit," he said before going to 1 Aney Marg for a pre-Diwali lunch hosted by chief minister Nitish Kumar. "I do not understand whether a scam has caused this deficit or due to deficit, a scam is under way in the railways. A shadow of darkness is looming large over the railway's future."
The Indian Railways' plan to introduce flexi-fares on premium trains had faced flak from Lalu who had attacked Prime Minister Narendra Modi and railway
minister Suresh Prabhu over it. "Train fare was increased and there was huge rush on trains but despite it all, how come the railway is going through a deficit," Lalu asked today.
In September, the railways introduced flexi-fares on Rajdhani, Duronto and Shatabdi trains. The flexi fares do not cover 1AC and executive class, which means they are applicable to 2AC, 3AC, sleeper class (and sleeper sitting) and chair car (in Shatabdi). The formula essentially means that the longer you wait to book tickets, the higher the risk of fares going up.
In a recent letter to Modi, Lalu - who was railway minister in UPA-I - accused the Centre of hiding revenue losses by setting up different committees with focus on cost cutting and slashing jobs. He had alleged that the Centre was taking steps to hand over the railways to corporate houses, creating havoc among railway employees. Today, however, Lalu refused to explain the nature or quantum of the scam he was hinting at.
He instead likened the railways to the jersey cow - popular for its milk content - which the government used to generate profit, but the cow had fallen sick in the Modi regime.

Oct 31 2016 (00:35)
For Better Managed Indian Railways~   1933 blog posts
Re# 2042586-1            Tags   Past Edits
Record number extra trains (mostly special fare ones) have been introduced through out the year, introduction of flexifares, increase in Tatkal seats, Premium tatkal seats, increase incancellation charges etc, even then the revenue generation is down means some thing is wrong. possibilities could be
(1) Very poor occupancy of flexi fare, tatkal, prem.Tatka, suvudha, special fare seats
(2) possibility of some new kind of online fraud being through cancellation or something else done on IR as online transaction of tickets have drastically gone up.
Some thing else?

Oct 31 2016 (06:57)
Guest: 74c02af6   show all posts
Re# 2042586-2            Tags   Past Edits
I agree with all the reasons given ..

Oct 31 2016 (08:47)
Pp*^~   4190 blog posts   124 correct pred (79% accurate)
Re# 2042586-3            Tags   Past Edits
Unless over loaded IR can not get high number of passengers
Recent changes in cancellation and booking discouraged advance booking
Now people don't book to cancel latter as cancellation and booking charges are very high
Flexi Fare did more harm than good
fare are too high so unless it's urgency passenger avoids these classes
All Spl have high fare but Suvidha are mostly failed due to higher than Air fare.
The real and hidden income was Advance booking whom IR discouraged by making user unfriendly rules.

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