13 years, 5 months ago

Rlys may opt for dynamic pricing

Train fares are likely to be hiked. Giving broad hints about the proposed hike, railways minister Dinesh Trivedi said on Wednesday that one of the options being considered was "dynamic pricing", which is elastic and based on demand. "Even so, a decision to hike the fares must have a logic and a rationale," Trivedi said. "The lowest train fare between two stations continues to be R1, while one platform ticket costs Rs 3," the minister pointed out. "We have done it in freight three days ago and it has not hurt anybody," Trivedi said.

Hindustan Times

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