Railway New Fare Table From 2020Flexi Fare System in Indian Railways During the eight months period from 1st July 2019 to 29th February 2020, approximately 28.93 Lakh berths remained vacant in Rajdhani, Shatabdi and Duronto type trains having flexi fare. Two months, in this period are lean period in which the occupancy of all trains generally remains low. Average occupancy of flexi fare trains for the above … [Read more...]
Flexi fare scheme in Rajdhani, Shatabdi and Duronto Express trains extended for one more year
Flexi fare scheme in Rajdhani, Shatabdi and Duronto Express trains extended for one more year Rationalisation of Flexi fare scheme in Rajdhani, Shatabdi and Duronto Express trains extended for one more year Railways have decided that the currency of rationalisation of flexi fare scheme shall be extended further for another period of one year i.e. from 15.03.2020 to … [Read more...]
Revision of Flexi Fare Scheme of Indian Railways
Revision of Flexi Fare Scheme of Indian Railways Flexi fare scheme has been introduced in Rajdhani, Shatabdi and Duronto trains from 09.09.2016. Under this scheme, the fare increases by 10% with every 10% of berths sold subject to maximum limit of 1.5 times in classes Second AC, Sleeper, Second Sitting (reserved), AC Chair Car and 1.4 times in 3rd AC class. No change has been … [Read more...]
Indian Railways Reduce Flexi Fares
Indian Railways Reduce Flexi Fares Indian Railway New Flexi Fare Scheme Rationalisation of Flexi Fare Scheme Review of Flexi Fare scheme done based on the recommendation of the Review committee, Comptroller and Auditor General’s report, and representations from passengers Flexi Fare completely removed from 15 trains Flexi Fare removed from 32 trains during lean period … [Read more...]
Flexi Fare – Railways earns additional Income in Last 2 years
Flexi Fare - Railways earns additional Income in Last 2 years Revenue Generation by Railways Revenue generation is a critical function of Indian Railways which is contingent upon a number of factors including passenger fare and freight rates, demand for transportation, domestic and international macro-economic scenario, growth in core sectors of economy and availabilities … [Read more...]