The Flexi Fare System Earns Railways Rs. 540 Cr in Less Than a Year

The Flexi Fare System Earns Railways Rs. 540 Cr in Less Than a Year

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New Delhi : Indian Railways has earned an additional revenue of Rs 540 crore in less than a year through the flexi fare scheme and there is no plan to discontinue it, a senior ministry official said.

The Flexi flare scheme is applicable in Rajdhani, Shatabdi and Duronto trains.

 

The Scheme was launched on September 09, 2016

* It is applicable in Rajdhani, Shatabdi and Duronto trains

* It allows 10 % of the seats to be sold at normal fare and thereafter increasing it by 10 per cent with every 10 per cent of berths sold with a ceiling of 50 per cent.

* The scheme was revised last December after the Railways took note of vacant seats in such trains.

 

Revisions Made :

* The Railways made changes in the flexi fare structure to attract last minute travellers and introduced a range of discounts.

* For the premium trains, the 30 % tatkal charges have been waived.

* A 10 % rebate on basic fare has been offered on vacant berths after preparation of first chart in Rajdhani, Shatabdi and Duronto to lure last minute travellers.

* The provision of tatkal quota has been reduced to 10 % from 30 % of the total berths available.

* “The scheme now comes with a lot of discounts for passengers and it is a success. However, there is always scope for more reviews,” the official added.

 

Further Info:

* During September 2016-June 2017, the numbers show a positive trend, Duronto trains earned Rs 140 crore more than the amount earned in the same period last year and Shatabdi trains earned Rs 120 crore more.

* There are total 42 Rajdhani trains, 46 Shatabdi and 54 Duronto trains.

* “Just to give an indication of how much the railways is expected to gain from the scheme – we have earned an additional revenue of Rs 240 crore from April-June this year, which is around Rs 80 crore additional revenue per month. This comes to around Rs 960 crore per annum. These are good signs,” the official said.

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