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Fri Nov 24, 2017 18:48:04 ISTHomeTrainsΣChainsAtlasPNRForumGalleryNewsFAQTripsLoginFeedback
Fri Nov 24, 2017 18:48:04 IST

Blog Entry# 2373742
Posted: Aug 07 2017 (19:04)

3 Responses
Last Response: Aug 08 2017 (00:50)
  
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Aug 07 2017 (15:43)   Flexi fare: Indian Railways earns additional Rs 540 crore in less than a year

Jayashree ❖ Amita*^   38182 news posts
Entry# 2373742   News Entry# 311014         Tags   Past Edits
The Railways has earned an additional revenue of Rs 540 crore in less than a year through the flexi fare scheme and there is no plan to discontinue it, a senior ministry official said.
The scheme, launched on September 9 last year, is applicable in Rajdhani, Shatabdi and Duronto trains, allowing 10% of the seats to be sold at normal fare and thereafter increasing it by 10% with every 10% of berths sold with a ceiling of 50% .
“We have earned money from flexi fare and there is no reason why we should discontinue it. In
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fact, we have gained 85,000 additional passengers in these trains since we launched the scheme, showing that even passengers are not averse to the scheme,” said a senior official of the ministry.
The official told PTI that from September 2016-June 30, 2017, the railways earned an additional revenue of Rs 540 crore.
The scheme, which officials say will be continuously reviewed, saw a revision last December after the Railways took note of vacant seats in such trains.
The Railways made changes in the flexi fare structure to attract last minute travellers and introduced a range of discounts.
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The 30% tatkal charges have been waived for these premium trains, a 10% rebate on basic fare has been offered on vacant berths after preparation of first chart in Rajdhani, Shatabdi and Duronto to lure last minute travellers, provision of tatkal quota has been reduced to 10% from 30% of the total berths available and there is also a provision for discounted fares for some trains.
“The scheme now comes with a lot of discounts for passengers and it is a success. However, there is always scope for more reviews,” the official added.
The numbers show a positive trend --- during September 2016-June 2017, Duronto trains earned Rs 140 crore more than the amount earned in the same period last year while Shatabdi trains earned Rs 120 crore more.
There are total 42 Rajdhani trains, 46 Shatabdi and 54 Duronto trains.
“Just to give an indication of how much the railways is expected to gain from the scheme - we have earned an additional revenue of Rs 240 crore from April-June this year, which is around Rs 80 crore additional revenue per month. This comes to around Rs 960 crore per annum. These are good signs,” the official said.

  
867 views
Aug 07 2017 (19:04)
srinivasvasanthi~   4144 blog posts   15 correct pred (54% accurate)
Re# 2373742-1            Tags   Past Edits
Flexi fares structure have to be reduced as ,First 25%of berth / seat normal rates, Next 25% added eith 10% hike,Next 25% added with 15% hike and the last 25% added with 20 % hike.
Senior citizens concessions have to be provided in Flexi fares .
Then the patronages shall be increase tremendously in Train reservations.

  
798 views
Aug 08 2017 (00:47)
Guest: 39090bf9   show all posts
Re# 2373742-2            Tags   Past Edits
nehle pe dehla ho gaya
hm hatwa rhe the aur yaha to fayda ho gaya
vese shuru me raj-shatabdi pe effect dikha tha but ab lg rha h logo ne b maan lia h jana to h hi kese b jae

  
847 views
Aug 08 2017 (00:50)
Indian railways Project Swarn is great idea^~   87635 blog posts   5325 correct pred (78% accurate)
Re# 2373742-3            Tags   Past Edits
No need for senior citizen concession in flexi fares. These fares are introduced to earn maximum profit only hence concession would be against the basic idea.

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