Railway minister Piyush Goyal has asked a committee, set up to review the flexi-fare scheme, to go back to the drawing board and draft a fresh report after it suggested introducing dynamic pricing, like airlines, in the railways, officials said.<\/p>\n
The committee, formed last December, had a mandate of assessing the impact of flexi-fare scheme in its current form on railway revenue and on passengers \u2014 in terms of their choice of the railways as a means of transport with increased fare.<\/p>\n
The committee, which submitted its report on January 15, had suggested dynamic pricing like the one applicable in the airlines for all mail express trains.<\/p>\n
It suggested ticket prices may vary on various factors such as higher prices for a train which takes lesser time to travel compared to others, additional charges for lower berth and travel during festival times.<\/p>\n
It also recommended passengers be made to pay more for choosing premium trains and also for booking close to departure dates.<\/p>\n
In a nearly 20-minute meeting on flexi-fare on March 13, the minister is believed to have expressed his unhappiness over the proposals and asked the committee to take a relook since data showed that in its current from the flexi-fare scheme has already resulted in higher revenue and increase in number of passengers.<\/p>\n
The committee consists of some Railway Board officials, NITI Aayog adviser Ravinder Goyal, executive director (Revenue Management) of Air India Meenakshi Malik, professor S Sriram, and Iti Mani director of revenue, Le Meridien, Delhi.<\/p>\n
Senior officials of the ministry also said flexi-fare scheme has been beneficial for the national transporter. They maintained there has been an increase in number of passengers as well as earnings in flexi-fare trains (Rajdhani, Duronto and Shatabdi) in the six months period from September to February.<\/p>\n
In 2015-2016, when flexi-fare was not applicable, the data show 138.71 lakh tickets were booked and railways earned Rs 1931.6 crore.<\/p>\n","protected":false},"excerpt":{"rendered":"
Railway minister Piyush Goyal has asked a committee, set up to review the flexi-fare scheme, to go back to the drawing board and draft a fresh report after it suggested introducing dynamic pricing, like airlines, in the railways, officials said. The committee, formed last December, had a mandate of assessing the impact of flexi-fare scheme […]<\/p>\n","protected":false},"author":1,"featured_media":25325,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[410],"tags":[],"class_list":["post-25324","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/25324","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/comments?post=25324"}],"version-history":[{"count":1,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/25324\/revisions"}],"predecessor-version":[{"id":25326,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/25324\/revisions\/25326"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/media\/25325"}],"wp:attachment":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/media?parent=25324"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/categories?post=25324"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/tags?post=25324"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}