PTI
NEW DELHI
While 10 per cent of the seats will be sold in the normal fare in the beginning, it will go on increasing by 10 per cent with every 10 per cent of berths sold with a ceiling of 50 per cent.
Modelled on the dynamic fare system in vogue in the aviation sector, the flexi fare system will be introduced on experimental basis in II AC, III AC, Chair Car in the three trains besides Sleeper class in Duronto trains. First Ac and Executive Class have been kept out of the new system of the already prevailing high tariffs.
The base fare for the three premium trains will be on flexi fare system, Railway Board Member Mohd Jamshed told PTI.
There are total 42 Rajdhani trains, 46 Shatabdi and 54 Duronto trains and railways expect to garner about Rs 500 crore from the new fare structure in these trains.
The passenger revenue target for the current fiscal.
ANTI-PEOPLE: CONG
Congress dubs it as “anti-people” and an “illegal” move aimed at “stealing” money from public pockets
Overburdening the common man by surge pricing formula in garb of dynamic fare reflects the anti-people mindset of Modi government