Indian Railways

Indian Railways (reporting mark IR) is an Indian state-owned enterprise, owned and operated
by the Government of Indiathrough the Ministry of Railways. It is one of the world's
largest railway networks comprising 115,000 km (71,000 mi) of track over a route of 67,312 km
(41,826 mi) and 7,112 stations.

Dynamic Pricing By INDIAN RAILWAY

The Indian Railways has introduced a dynamic pricing structure for its premium trains such as
Rajdhani, Duronto and Shatabdi, attracting criticism from political parties and consumers.
The railways has clarified that it is being introduced on an experimental basis and will be
reviewed after some time.( Premium special train is being introduced
from Railway with dynamic fare pricing.Dynamic fare stands for the fare component which
may be increased with the subsequent bookings. Advance Reservation Period (ARP) of this
train will be a maximum of 15 days. Agents will not be allowed to book tickets in these trains.
Here are all the key facts you need to know about the new mechanism:
Image: Website

What is it all about?

It is called a flexi fare system and is modelled on the mechanism prevalent in the aviation sector.
As much as 10 percent of the total seats in these trains will be sold at the normal fare in the
beginning. Then the fares will increase by 10 percent with every 10 percent of the berths sold.
However, there is a ceiling of 50 percent for fare increase.
AC II, AC III, chair car in the three trains, besides sleeper class in Duronto trains will come
under this scheme. First AC and Executive Class have been kept out of the new system of the
already prevailing high tariffs.
Flexi system is applicable on the base fares, which means other supplementary charges such as
reservation charges, superfast charge, catering charges, service tax etc., as applicable shall be
levied separately.
For example, the New Delhi-Mumbai 3AC fare in Mumbai Rajdhani, which is Rs 1,628 as base
fare will be Rs 1,791 with 10 percent increase and it will go up to Rs 2,279 with maximum 50
percent increase. (For II AC and Chair Car, the maximum hike will be 50 percent while for III
AC, it will be 40 percent.)

Salient Features of Premium Special

Train on Dynamic Pricing
Premium special train is being introduced from Railway with dynamic fare pricing.
Dynamic fare stands for the fare component which may be increased with the
subsequent bookings.
Advance Reservation Period (ARP) of this train will be a maximum of 15 days.
Agents will not be allowed to book tickets in these trains.
Dynamic fare shall be charged for confirm as well as RAC passengers.
Waitlist Ticket Booking is not allowed in this train.
Upgradation option shall not be applicable in this train.
Modification is not allowed.
Only E-tickets will be permitted for booking.
I-ticket Booking is not allowed in this train.
E-ticket booking is allowed in General Quota only.
Tatkal/ Ladies/Other Quota tickets cannot be booked in this train.
No concession shall be applicable in this train.
Identity card number of the prescribed proof of identity is required at the time of
booking. At least one passenger should travel with his/her ID card in original which
was used at the time of booking.
Vacant berths left at the time of charting will be offered for current booking at
current booking counters of train originating stations.
Cancellation is not allowed. However, ticket can be cancelled only if the train is
cancelled.
Dynamic Fare along with Total fare will be displayed after filling Reservation form.
Users must ensure the Fare and Journey Details before proceeding for payment.