New Delhi: The Railways will introduce surge pricing for its high-speed and in demand Rajdhani, Shatabdi and Duronto trains. Prices will rise 10 per cent for every 10 per cent of tickets sold – so as fewer seats are available, passengers will pay more for them.
The ministry of railways is calling it a flexi-fare system and said it would not apply to fares for its top tier AC first class and Executive Class seats.
If at any time in this system, the price of a lower class seat becomes more than that of a higher class seat on the same train, the passenger will be informed while booking so that he can choose to upgrade.
The ministry also said in a press release that seats unsold at the time when reservation charts are prepared, will be offered for current booking and would be sold at the price that the last seat in that class was sold.
The new system will apply from Friday, September 9. The ministry said passengers who have already booked tickets at pre-revision rates will not have to pay more.
Surge pricing was banned in Delhi for taxi services like Uber.