New Delhi: The Railway Ministry might just slash fares of several premium trains including Shatabdi, Rajdhani and Duronto owing to the berths going “unreserved.”
According to an Economics Times report, the railway ministry has been facing “a fall in passenger traffic as it has been losing long distance passenger to airlines and short distance to roadways.”
Reportedly, Railway Minister Suresh Prabhu is keen on the current situation being tackled in the upcoming weeks and is in fact taking measures to ensure berths on the above mentioned trains do not go empty.
As per a recent policy by Prabhu’s ministry, the prices of train tickets see a surge in sync with their demand.
“We can have a mechanism where we reduce the fares before a day or two so that all unreserved seats could be filled. We are yet to figure out the contours of this proposal,” a railway official was quoted as telling Economic Times.
The surge pricing scheme has also managed to bridge the gap between air and rail tickets–bringing it down to almost Rs 500 which is probably why passengers are opting for airplanes instead of trains.
Prabhu who neither denied, nor confirmed the news–was quoted as saying, “It’s a possibility. Why only increase the fare. You can decrease it as well when there’s no demand. Fixed cost will be incurred on that train anyway even when the berths are going empty.”
Other important railway-related issues will be taken up in the three-day Rail Chintan Shivir, starting today, November 18, 2016 that apart from top railway officials will also be attended by Prime Minister Narendra Modi.