Govt in favour, railways won't roll back dynamic pricing for premium trains

A parliamentary panel report had also criticised the government for charging more than the aviation sector in premium trains, without improving service

The Indian Railways has decided not to roll back the controversial dynamic pricing or flexi-fare system on premium trains, similar to the pricing method used by cab aggregators during peak demand. 

A review committee on flexi fare submitted its report to Union Railways Minister Piyush Goyal on Tuesday. Sources confirmed the minister does not want a rollback of the innovative system of pricing. 

During 2016-17, the scheme contributed Rs3.71 billion additional revenue to the Railways, followed by Rs8.6 billion in 2017-18 and Rs2.62 billion during the first three months of fiscal 2018-19. 

The decision comes despite the national transporter facing