Business Studies, asked by anushcosta, 1 year ago

on what all basis does the cost of the train increase

Answers

Answered by anupama777vidya
1

Answer:

The government has decided to introduce a dynamic pricing system on Rajdhani, Shatabdi and Duronto trains under which base fares will jump by 10% for every 10% of seats booked on these trains, with a cap of 50% hike in the original fare.

The Indian Railways carry 23 million people daily but successive governments have backed away from reforms and especially hiking passenger fares, which is a politically sensitive topic.

As a result, the country’s largest employer runs many trains at rock-bottom fares and struggles to balance its books. The railways currently has an estimated annual loss of Rs 30,000 crore in the passenger segment.

Hope it helps you

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