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FLEXI FARE SYSTEM
Indian Railways earned additional 20% revenue in ticket sales through dynamic pricing during 2017-19Of the Rs 10,072 crore earned by the national transporter in the said period, flexi-fare accounted for Rs 2,217 crore.- Flexi-fares: Passengers travelling in March 2019 to be first beneficiaries of reduced railway faresWhile the railways will be ready with the revised scheme with necessary changes on its portal and other logistics, the new system will begi...
- Railways' flexi fare decreased total ticket sales but increased earning: CAGRailways ministry had implemented the flexi-fare scheme in all Rajdhani, Duronto and Shatabdi trains.
- Report on flexi-fare scheme under examination: GovtThe national transporter has come under criticism from some sections over the introduction of the flexi-fare scheme in Rajdhani and Shatabd...
- Piyush Goyal junks report suggesting airline-like dynamic pricing in railwayGoyal has asked the committee to go back to the drawing board and draft a fresh report after it suggested introducing dynamic pricing, like...
- Flexi-fare in premium trains to be tweaked: Railway Board ChairmanAshwani Lohani said flexi pricing structure works well in competitive transportation like the airlines, where private operators vie with ea...
- Pay more for lower berths and during festivals: Railway panelThey recommended that instead of having flat fares, the railways should increase fares during festive seasons, and reduce them during lean ...
- Railways earned additional Rs 671 crore through flexi fareThe national transporter recently formed a committee to look into the system and suggest best options keeping in mind the interest of passe...
- Railways to offer discounts like hotels, airlines; flexi-fare to be revamped: Piyush GoyalRailway Minister Piyush Goyal said that the national transporter is studying a model of dynamic pricing, offered by the airlines and hotels.
- Railways forms committee to review flexi-fare systemAccording to a railway board letter dated December 11, the board has formed a six-member committee to review the system and submit a report...
- Dynamic fares in Rajdhani, Shatabdi acceptable under LTC: GovtThe move comes after references were received from various segments seeking clarification on the issue of admissibility of flexi-fare while...
- Flexi-fare system for premier trains to be tweakedRailways will make changes in the flexi-fare structure for Rajdhani, Duronto and Shatabdi to fill up vacant berths in the premier trains.
- Flexi-fare system in premier trains to be revised again: RailwaysTaking note of vacant seats in long distance premier trains, Railway Minister Suresh Prabhu has recently sought a review of the flexi-fare ...
- No move to extend flexi-fare policy to mail, express trainsThe Indian Railways will regularly review its flexi-fare policy to ensure maximum utilisation of train accommodation.
- CAG flags appointments in Vyapam, state's "shadowy control"The CBI is currently probing the `Vyapam scam', a massive admission and recruitment racket which came to light a few years ago.
- Soon, 10% rebate on vacant berths in all trainsThe transporter has earlier offered similar discount on vacant berths in Rajdhani, Shatabdi and Duronto trains on a trial basis from Decemb...
- Railway tweaks flexi fare structure; offers 10% rebate on seat left vacant after chart preparationThe railway board had introduced the flexi fare formula on Shatabdi, Rajdhani and Duronto trains under which the base fares increased by 10...
- Tweaking in flexi fare system to attract last minute railway bookingCurrently, the fares of Rajdhani, Duronto and Shatabdi can go up to 50 per cent more than the base fare as per the flexi fare system introd...
- Good response to flexi-fare system, claims railwaysThe railways has introduced the flex-fare system in Rajdhani, Shatadbi and Duronto trains from September 9, aiming at raking in Rs 500 cror...
- Facing flak over proposed surge pricing on tickets, Railways now says it's only on experimental basisThe move to put in place the flexi fare system for Rajdhani, Duronto and Shatabdi from tomorrow has invited sharp criticism from opposition...
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