17.6 C
Australia
Sunday, October 25, 2020

Surge Pricing For Train Tickets Is ‘Experimental’, Will Be Reviewed

Must read

Trans-Tasman bubble: Kiwi’s enter SA

5 passengers from New Zealand have arrived in Adelaide, regardless of the state not being part of the Australia-NZ journey bubble. Three folks...

Paineful wait is lastly over

Eight months since his final rating of substance, and after an extended wait and a whole bunch of throwdowns, Tim Paine has a...

NEW DELHI:  The clarification by the Indian Railways — that surge pricing for premier trains like Rajdhani, Shatabdi and Duronto is being done on an experimental basis — appears to signal a rethink after criticism, including by leaders like Congress’s Rahul Gandhi and Aam Aadmi Party’s Arvind Kejriwal.

Mr Gandhi said  people need faster trains not ticket prices. Delhi Chief Minister Mr Kejriwal asked for a rollback.

Experts say it would be more transparent and effective to do a flat increase in fares if needed.  They have pointed out that the railways has a monopoly and the demand is always higher than supply, so people will always end up being subjected to surge pricing.

According to the railways’ new rule on surge pricing, passengers travelling by premier trains including Rajdhani, Duronto and Shatadbi Express will have to shell out between 10 and 50 per cent more. Though fares in the most expensive coaches will not change, surge pricing for sleeper classes will be capped at 1.5 times the base fare — a maximum hike of 50%, the railways had said.

The system — to be introduced from September 9 – will affect the fares of 81 trains and was meant to rake in Rs. 500 crore more during the current financial year.

But in face of opposition criticism, Railway Board chairman A K Mital said the dynamic fare system was introduced on an “experimental basis”. “We will review it after some time and see what necessary measures can be taken further,” news agency Press Trust of India quoted him as saying.

Board Member (Traffic) Mohd Jamshed, however defended surge pricing, saying train travel is still the cheapest mode of transport in the country, charging 36 paisa for one km of travel.

With the revenue target for the current fiscal hiked to Rs. 51,000 crore against Rs. 45,000 crore of the last fiscal, the railways is “facing a loss of Rs. 33,000 crore in the passenger segment,” Mr Jamshed was quoted as saying by PTI.

The railways, he added, had spent Rs. 1,800 crore in passenger amenities by improving platform area, installing lifts, water vending machines and many more such facilities.

Online Source

The Indian Telegraph Sydney Australia

Latest article

Coronavirus: Victoria records 7 new cases ahead of predicted easing

Victoria recorded seven new cases of COVID-19 on Sunday, ahead of Premier Daniel Andrews’ press conference where he is predicted to announce some...

Cairns Showfest: Horror video after woman falls from Hangover ride

Video footage captured the horror of bystanders when a woman fell more than 30 metres from a ride at a show in Cairns....

SYDNEY AQUARIUM: Clownfish dubbed ‘Emo Nemos’ welcomed to Sea Life

While these cute baby clownfish look similar to what we saw in Disney’s animated Finding Nemo, these special creatures are a little different....

Coronavirus Victoria: Lockdown easing could be delayed over school cluster

Premier Daniel Andrews has dropped a worrying hint the government could hold back on easing some lockdown restrictions as a coronavirus cluster linked...

Dundurrabin crash: Mum charged with drink driving after child seriously injured

A woman has been charged with dangerous and drink driving after her daughter was critically injured in a crash in northern New South...