Premium Railway Fares hiked upto 50 % in New Dynamic Pricing Model

Passengers travelling by Rajdhani, Shatadbi and Duronto trains will have to shell out between 10 and 50 per cent more under a dynamic surge pricing system to be introduced from September 9, aimed at raking in Rs 500 crore more during the current financial year.
•    The base fare for the three premium trains will be on flexi fare system, Railway Board Member.
•    There are total 42 Rajdhani trains, 46 Shatabdi and 54 Duronto trains and railways expect to garner about Rs 500 crore from the new fare structure in these trains.
•    The passenger revenue target for the current fiscal is Rs 51,000 crore as against Rs 45,000 crore in the last fiscal, an increase of Rs 6000 Cr for 2016-17.
•    For II AC and Chair Car, the maximum hike will be 50 percent while for III AC, it will be 40 percent.