Economy, asked by aburewatkar9662, 1 year ago

Why india needs differntial pricing in rail transport?

Answers

Answered by RAthi21
1

hey!

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The revised pricing system may lead to passengers moving away to airlines from the Railways network.

  • Further, the government faced certain criticism also from the society for increasing the fare without improving the facility.

Ministry of Railways would need to make massive investment to improve infrastructure. There is also need to show adequate return to investors if the government is looking to attract private investment.

  • Ministry of Railways would need to make massive investment to improve infrastructure. There is also need to show adequate return to investors if the government is looking to attract private investment.Also there is fear that Indian railways should not use this as tool to extract more money from commuters owing to its monopolistic role.

However, being an government operator, this is very unlikely. The most important factor is the utilisation of the extra revenue which should be invested to improve passenger amenities in these premium trains. This will ensure that commuters are happy to pay little more.

hope help u!

Answered by hinaguptagracy
0

Explanation:

Indian Railways needs to raise fund for the investment in the expansion. Ministry of Railways introduced 'Flexi Fare' model to increase the base fare of tickets with the rising demand, also known as Surge Pricing. ... The new fare structure will not be applicable to 1AC and executive class coaches

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