Business Standard

Railways earns Rs 56 cr profit in flexi fare scheme

Image

Press Trust of India New Delhi
Railways has made an additional earning of Rs 56 crore during September 9-October 31 after introduction of flexi-fare system in Rajdhani, Duronto and Shatabdi trains, Rajya Sabha was informed today.

The flexi-fare scheme was introduced in premier train services on September 9, Minister of State for Railways Rajen Gohain said in a written reply.

Under the scheme, the fare increases by 10 per cent with every 10 per cent of berths sold subject to maximum prescribed limit 1.5 times in Sleeper, 2AC, AC Chair Car and 1.4 times in 3AC class.

No change has been made in the fare for 1st AC and Executive Class of travel.
 

There were 5,871 vacant berths in Rajdhani, Shatabdi and Duronto trains during September 9-October 31 as against 12,428 for the same period last year.

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Nov 25 2016 | 9:48 PM IST

Explore News