Instead of increasing the revenue, surge pricing in Rajdhani, Shatabdi and Duronto trin had done an opposite job. The revenue of Indian Railway had declined by Rs232 crore as compared to the previous year. Railway data reveals that a large number of seats in trains like Mumbai Rajdhani, August Kranti[Read More…]
Tag: Surge Pricing
NGOs seek ₹9,239 cr in damages for surge pricing from Ola, Uber
Two Delhi-based non-governmental organisations filed a class action suit against Ola and Uber seeking damages worth more than ₹9,000 crore for imposing surge pricing in the last three years across India. The suit has been filed by the NGOs – Nyaybhoomi and Pariwar Unity Road Safety Life Safety – before[Read More…]
Politicians, Twitterati slam Modi government over railways surge pricing
After the government introduced the surge pricing system on the Rajdhani, Duronto and Shatabdi trains on Wednesday, there was slamming from politicians on this move. The decision also experienced a wave of anger from Twitterati. Delhi Chief Minister Arvind Kejriwal opposed the surge pricing and demanded that it should be[Read More…]
Railways to introduce surge pricing for high-speed trains, tickets to turn costlier
The ministry of railways has decided to introduce surge pricing for its high-speed and in demand Rajdhani, Shatabdi and Duronto trains. The ticket tariffs will increase by up to 10% on the base price with every 10% of tickets sold. The fare would keep going up with the number of tickets sold.[Read More…]