Indian Railways to revise flexi-fare scheme, introduce discounts next month

Recently, a CAG report had come down hard on the railways for the flexi-fare prices and it stated a comparison with airfare for 13 sectors showed that travelling in aeroplane was cheaper than in train for a large number of routes.

By PTI  
Saturday, August 25, 2018

The railways is all set to come up with a revised flexi-fare scheme next month to bring in some relief for passengers, who, in some sectors pay as much as airfares for the premium trains, sources said.

They said the ministry is planning to suspend the scheme temporarily as an experiment during lean months in some identified trains as they are seeing occupancy as low as 30 per cent.

They said another option being considered is revising the scheme as per a formula used in the Humsafar trains in which the first 50 per cent berths will be sold at a 15 per cent higher price than the base price of A/C-3 tear mail and express train tickets.

The slab will go up with every 10 per cent of the berth sold thereafter.

Similarly, the government is also mulling options to bring in special discounts under the scheme in less busy routes.

The final shape for such a move will be announced by next week, an official said as its removal would also lead to refunds for advance bookings.

Recently, a CAG report had come down hard on the railways for the flexi-fare prices and it stated a comparison with airfare for 13 sectors showed that travelling in aeroplane was cheaper than in train for a large number of routes.

In terms of absolute numbers, the premium trains carried 2.40 crore passengers during post-flexi period (September 9, 2016 to July 31, 2017) as compared to 2.47 crore passengers during pre-flexi period (September 9, 2015 to July 31, 2016), said the CAG in its report.

Related Stories

ATF should be brought under GST to provide level playing field to airlines: Suresh Prabhu
ATF should be brought under GST to provide level playing field to airlines: Suresh Prabhu
ITR forms for FY18-19 notified: Here are new details taxpayers need to fill
ITR forms for FY18-19 notified: Here are new details taxpayers need to fill
ICICI Bank cuts MCLR by 5 basis points across tenors
ICICI Bank cuts MCLR by 5 basis points across tenors

Latest Stories

Reliance Jio vs Airtel vs Vodafone: Best prepaid plans under Rs 400
Reliance Jio vs Airtel vs Vodafone: Best prepaid plans under Rs 400
IDBI Bank cuts lending rates by 5 bps
IDBI Bank cuts lending rates by 5 bps
Banks close FY19 with 13.24% credit growth, deposits rise 10.03%
Banks close FY19 with 13.24% credit growth, deposits rise 10.03%
SPONSORED