Flexi-fare system to be reviewed soon, Railways may slash ticket prices too

Railways earned around Rs 540 crore in less than a year after introducing the flexi-fare system.

Mum-Del Rajdhani theft: 25 people drugged near Ratlam, Rs 10-15 lakh stolen
Rajdhani Express. Photo: Reuters
BS Web Team
Last Updated : Sep 29 2017 | 11:39 AM IST
With complaints from passengers over the high prices of railway tickets due to the flexi-fare ticketing system and several seats being left vacant due to the same,  Railway Minister Piyush Goyal has said the railways will review it and the prices would be slashed.

On September 9, 2016, Railways introduced flexi-fare for premier trains - Rajdhani, Duronto and Shatabdi. Under this, the base fare increases by 10 per cent with every 10 per cent of berths sold subject to a prescribed limit. There was no change in the existing fare for 1AC and EC class of travel.But on December 19, Railways started to provide 10 per cent rebate on any seat left vacant after the preparation of the chart.

Minister of State for Railways Manoj Sinha has reportedly said the fares of the trains won't be increased.

Goyal said that the railways will on November 1 convert 48 mail express trains to superfast trains and increase the speed of over 700 trains.

He said the railways will launch over 100 train services in Mumbai from October 1 to November 1.

Stressing on safety, Goyal announced slew of measures, including eliminating remaining unmanned level crossings and installation of CCTV cameras in coaches and stations for improving passenger safety.He said: "Priority to track renewal on the routes where it is required has been ordered."

Goyal said that modern technology, including cameras and ultrasonic frequency detection for detecting defects in the railway tracks, is being taken up to provide safe journey.

The move comes in the wake of several railway accidents, especially in Uttar Pradesh last month, due to trains jumping the tracks. The frequent rail accidents led to Suresh Prabhu being shunted out as Railway Minister and Goyal brought in.

One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

Next Story