You are here: Home » Economy & Policy » News
Business Standard

Piyush Goyal reviews Railways' flexi-fare system, prices may be slashed

This will be done so that the prices don't hurt people's pockets and also meet revenue target

Press Trust of India  |  New Delhi 

Railway Minister Piyush Goyal gestures as he addresses a press conference in New Delhi. (Photo: PTI)
Railway Minister Piyush Goyal gestures as he addresses a press conference in New Delhi. (Photo: PTI)

Union minister on Thursday said the flexi fare scheme of the Railways, which helped it earn an additional Rs 540 crore in less than a year, may be amended to ensure that it brings in revenues without taxing

"People have brought to my notice the issue of the flexi fare scheme. It could be made better in a way that it does not hurt people's (pockets) and also meets the target," Goyal told reporters here.


He was responding to question on whether he had reviewed the flexi fare scheme after taking charge of the ministry earlier this month.

Asked if there could be any amendment to the scheme, Goyal said, "There is a possibility of making some change".

The scheme, launched on September 9 last year and applicable to premium such as the Rajdhani, and Duronto, allows 10 per cent of the seats to be sold at normal fare and thereafter increasing it in phases by 10 per cent with every 10 per cent of berths sold, with a ceiling of a 50 per cent rise.

The earned an additional of Rs 540 crore from September 2016 to June 2017 through the scheme, its data show.

The minister said the was also working to ensure efficient and faster services.

"It is proposed to increase the speed of around 700 with effect from November 1, 2017. This exercise will help in converting 48 Mail Express to the Super Fast Express category," he said.

He said all stations and will have high speed wi- fi connectivity, but did not specify when this would be implemented.

To ensure transparency, all Railway Protection Force (RPF) staff and Travel Ticket Examiners (TTEs) will be in proper uniform while on duty, Goyal said.

The RPF staff will not check tickets, which is the function of the TTEs, but they will assist ticket checking squads, he said.

He added that India's space research body, ISRO, had offered to map all railway assets.

"We also plan to eliminate 5,000 unmanned level crossings in a time-bound manner," Goyal added.

First Published: Thu, September 28 2017. 21:58 IST
RECOMMENDED FOR YOU