Indian Railways introduces surge pricing, ticket fares to rise 10% with every 10% seats booked
By NewsX Bureau
| Wednesday, September 7, 2016 - 20:54
New Delhi: Indian Railway on Wednesday introduced surge pricing on three express trains- Rajdhani, Shatabdi and Duronto Express.
As per reports, fares of tickets will increase by 10% with every 10% sale of tickets. Ticket prices for 3AC and 2AC will, however, multiply by 1.5 times after 50%. There will be no change in the existing fare for 1AC and EC class of travel. The hike in price will come into effect from September 9.
Vacant berths left at the time of charting would be offered for current booking. Tickets under current booking shall be sold at the last price sold for that class and other supplementary charges like reservation fee, superfast charges, catering charges, service tax etc., as applicable shall be levied in full.
The last price for every class of tickets for the particular train should be printed in the reservation chart for the purpose of charging of difference of fare in the train or charging the passengers of the train without ticket etc.
Indian Railways is a state-owned enterprise which is owned by Indian Government and operated by the Ministry of Railways. Indian Railways is the world's largest railway networks which connects the entire country.