Currently, the dynamic fare system, which is being practised in airlines, is operational in limited number of special trains. Under this system, fare goes up if the demand is high for berths.
Railway Minister Suresh Prabhu had formed an eight-member committee, consisting of senior railway officials and headed by the Additional Member Mohd Jamshed, in February to examine factors affecting growth of passenger and freight traffic and suggest a plan of action for traffic optimisation.
Accepting the report, Prabhu said "We did not appoint any consultants or outsiders for the committee and all railways men are part of the committee. We have to implement the reports as we have to make the Railways the engine of economic growth."
The committee has also suggested using satellite for Indian Railways' operation and safety needs.
According to report, there has also been reduction in number of passengers being carried by railways except in reservation segment during last five years.
It has found that the long distance reserved category traffic has shown robust growth, which has to be doubled during the next three years.
"Full load running of trains, induction of DMUs and MEMUs, dynamic pricing for all Mail/Express trains and changes in scheduling of trains and their maintenance are some of the areas requiring attention," report said, adding Railways growth has not been able to keep pace with the growth in GDP.
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