railways is now planning to scrap the dynamic pricing scheme for 40 trains whereas for different 102 trains, it’s going to provide up to 50 rebate for bookings made for seats out there up to four days earlier than the journey
New Delhi: In a bid to make railway fares aggressive and to enhance income, India railways is about to do an enormous rejig in its flexi-fare scheme that was launched in September 2016, the Times of India reported. Under the revamp, the nationwide transporter is probably going to scrap the dynamic pricing scheme on one-third of the premium trains coated beneath the plan, the day by day mentioned.
The flexi-fare scheme was introduces in 44 Rajdhani, 46 Shatabdi and 52 Duronto trains, all of which fall within the premium super-fast class. While Rajdhanis and Shatabdis are fully air-conditioned, Durantos have a mixture of AC and non-AC coaches.
railways is now planning to scrap the dynamic pricing scheme for 40 of those premium trains whereas for different 102 trains, the nationwide transporter goes to provide up to 50 discount for bookings made for seats out there up to 4 days earlier than the journey, the day by day mentioned including that for trains wherein bookings are lower than 60 per cent, a graded discount system is being put in place. railways is planning to give up to 20 per cent discount beneath this scheme, the report added.
Under the present flexi-fare scheme, 10 per cent of the seats are offered on the regular fare and thereafter with each 10 per cent of berths offered, fares enhance by 10 per cent, with a ceiling of a 50 per cent rise.
At occasions, this scheme made prepare tickets costlier than flight tickets discouraging passengers from reserving AC tickets on the premium trains. The ToI report citing sources mentioned the flexi-fare scheme is being scrapped for trains which have proven 50 per cent “utilisation”.
“The focus is on finding a win-win for passengers as well as the railways. The idea is to respond positively to a passenger grievance and wean them back by making rail travel affordable, competitive and comfortable in comparison to other modes. The idea is to raise revenue through higher utilisation of seats; not by putting burden on passengers,” the day by day quoted a senior railway official as saying who additional added that the brand new coverage is “ready for approval by the pertinent government functionaries”.
The rejig has already been applied on a trial foundation on the Chennai-Mysuru Shatabdi by way of Bengaluru, which noticed poor passenger site visitors between Bengaluru and Mysuru as bus fares have been cheaper. However, after implementation of the scheme, bookings jumped by 63 per cent, serving to railways’ income enhance by 17 per cent from this part.