dynamic surging fare in premier trains +flexi-fare +surge pricing system +NEW DELHI: Amid criticism over introduction of, the railways on Sunday claimed that the response is quite good and theis still lower than airfare. First AC and Executive Class travel has been kept out of the new system due to already prevailing high tariffs.On the Delhi-Mumbai sector, Rajdhani fare is between Rs 2,870 and Rs 4,104 on II AC while airfare is ranging between Rs 2813 and Rs 13,746 for Monday, Jamshed said.The passenger revenue target for the current fiscal is Rs 51,000 crore as against Rs 45,000 crore in the last fiscal, an increase of Rs 6000 crore for 2016-17.There are a total of 42 Rajdhani, 46 Shatabdi and 54 Duronto trains.Jamshed said the flexi-fare system has been introduced in only 142 trains out of total 12,000 trains which is just 0.65 per cent of total passenger trains.Asked why 1 AC and Executive Class have been left out of the flexi-fare scheme, he said, "Tariff rationalisation is based on a whole lot of factors. The fares for 1 AC and Executive Class are on the higher side. "He said the railways will introduce a system for providing loyalty points to frequent train travellers for which the details are being worked out. "They will get Executive Lounge facility at stations," he said.

Source: Times of India September 11, 2016 13:46 UTC