Travel Tip
 Conf TL
 RF Club
 FM Alert
 FM Approval
Forum Super Search
Freq Contact:
Posting Date From:
Posting Date To:
Blog Category:
Train Type:
ONLY with Pic/Vid:
Sort by: Date:     Word Count:     Popularity:     
Public:    Pvt: Monitor:    RailFan Club:    

Full Site Search
  Full Site Search  
Sat Dec 15 12:24:07 IST
PostPost Trn TipPost Stn TipAdvanced Search

Blog Entry# 2956766
Posted: Dec 31 2017 (15:58)

2 Responses
Last Response: Dec 31 2017 (18:16)
Rail News
Other News
Dec 30 2017 (23:37)   Railways may introduce dynamic fares

Jayashree ❖ Amita*^   41805 news posts
Entry# 2956766   News Entry# 325777         Tags   Past Edits
Railway Board has set up a six-member committee to review the existing flexi-fare system.
Railway Board chairman and former Air India CMD Ashwani Lohani wants to emulate the dynamic fare system followed by airlines in Railways.
The Railway Ministry is planning to introduce the dynamic pricing system, which is being offered by airlines and hotels in premium trains—Rajdhani, Shatabdi and Duronto— by replacing the existing flexi-fare system.
the fare may be discounted in case the train is not fully booked. In the case of airlines and hotels, first the prices are low, then the prices go up and then later the passengers get discounts on the remaining seats/rooms if these remain unoccupied.
The government believes that though revenue increased following the introduction of the flexi-fare system, the Railways lost many passengers as several berths remained vacant. At times, railway fares are almost the same, or in some cases even lower, than airfares. As a result, a large number of passengers have started taking  flights instead of trains.
Though premium train passengers account for only 0.35% of all passengers who travel by train in a year, their share in passenger revenues is 13-14%.
The Lohani-headed Railway Board has set up a six-member committee to review the existing flexi-fare system. It will examine all options and recommend the best options keeping in mind passengers and railways’ interest, said a Ministry official.
The committee consists of Railway Board officials along with NITI Aayog advisor Ravinder Goyal, Air India ED Meenakshi Malik, rransport economics professor S. Sriram and revenue director of Le Meridian, Iti Mani. 
A 1980-batch Indian Railway Service of Mechanical Engineers alumnus, Lohani took over as Railway Board chairman in August this year.
The Ministry had launched the flexi-fare system in September 2016, which led to an increase in fares up to 50%. Under this system, the fare increases from 10% to 50% with every 10% of the berths booked. The committee is going through the impact of implementation of the flexi-fare system in terms of the revenue generated, impact on passengers in terms of their choice of the railways as a means of transport with increased fare.
The Railway Board has also asked the committee to look into ways to offer add-ons to passengers like loyalty benefits or deferred benefits for better patronage of the scheme, the official said, adding, it will also explore if some amendments can be brought into the existing flexi-fare system to offer passengers flexibility of rates during the peak season, lean season or during the weekdays or weekends or festivals.
Depending upon the committee’s recommendations, the Railways may start offering discounts on tickets if trains were not fully booked.
The official said the existing flexi-fare system is only meant for price increase.
“However, just like airlines and hotels, where a passenger gets a discount at the last minute, the railways can also offer discounts on routes which have low occupancy, in order to attract passengers,” he added.

2 Public Posts - Sun Dec 31, 2017

ARP (Advanced Reservation Period) Calculator

Reservations Open Today @ 8am for:
Trains with ARP 10 Dep on: Tue Dec 25
Trains with ARP 15 Dep on: Sun Dec 30
Trains with ARP 30 Dep on: Mon Jan 14
Trains with ARP 120 Dep on: Sun Apr 14


Rail News

New Trains

Site Announcements

  • Entry# 4073462
    Dec 06 (12:50PM)

    There are some minor changes to the PNR Forum: 1. The main PNR feed will only show UN-predicted (by you) PNRs which are coming in. However, if there are replies, the PNR will show and will bubble to the top. Once you predict the PNR, it will go away from the main...
  • Entry# 4003283
    Nov 14 2018 (11:24AM)

    This is an advance notice of a new feature that will be introduced within the next couple of days. The feature is called "Spottings". . 1. Any time you see a train ANYWHERE - while railfanning, while travelling in a train, while visiting a station, seeing someone off, receiving someone, while your train...
  • Entry# 3710716
    Aug 14 2018 (11:04AM)

    This is regarding the appointment of Monitors. For TLMs, we require a minimum of 1000 Confirmed TLs. For FMs, we require members to promise to abide by the guidelines and be free of controversies. For other Monitors, we require the member to be in good standing. . However, "eligibility" does NOT always mean...
  • Entry# 3645007
    Jul 20 2018 (03:28PM)

    This is an advance notice of an upcoming change: 1. We shall be removing the Login/Forum section from the RailCal app as it is cumbersome, buggy and lacking in features. . 2. We shall soon be introducing a dedicated app called "Rail Messenger" for both Android and iOS, for all blogging/messaging purposes. The app...
  • Entry# 3644431
    Jul 20 2018 (12:42PM)

    The following changes are being made: 1. To restore the fun back to PNR Predictions, PNR Predictions will NOT be hidden anymore. PNR Predictions by members can be seen by ALL, before and after Charting. New members often look towards our expert predictors for hints, and we are reinstanting that. . 2. To better...
  • Entry# 3601043
    Jul 04 2018 (12:36PM)

    @all: While we do nominally allow multiple IDs, these multiple IDs are NOT allowed to engage in misuse and "mischief". Voting multiple times in the same poll using multiple IDs, rating each other IDs' blogs using multiple IDs, etc. are classified as "gross misuse". . This is an advance notice that some of the...
Scroll to Top
Scroll to Bottom
Go to Mobile site
Important Note: This website NEVER solicits for Money or Donations. Please beware of anyone requesting/demanding money on behalf of IRI. Thanks.
Disclaimer: This website has NO affiliation with the Government-run site of Indian Railways. This site does NOT claim 100% accuracy of fast-changing Rail Information. YOU are responsible for independently confirming the validity of information through other sources.
India Rail Info Privacy Policy