Railways introducing dynamic fare system

Taking cue from the airlines, cash-strapped railways is introducing dynamic fare system by which tariff will be determined by the demand with an aim of boosting its revenues.

The new system of fares will be experimented on four trips of premium AC-special trains which will operate between New Delhi and Mumbai during the upcoming festive season of Christmas and New Year.

There will be four trips from December 24, 2013 till January 2, 2014 of the premium AC special trains on the busy New Delhi-Mumbai sector, said a senior Railway Ministry official, adding, “Tickets will be sold on higher rate than the existing rate as per the dynamic pricing policy.”

The premier AC special trains will have only AC-2 and AC-3 classes with Rajdhani-like facility including catering.

Full report here New Indian Express


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