** Sagar Sandesh print version ceases to be published from December 31, 2017. New look E-paper would be available from Jan. 1, 2018 onwards. free of cost.**

Indian Railways eyes airline-like model; may offer discounts on train tickets

Indian Railways is mulling innovative measures to boost occupancy in those routes where occupancy is low, implying less cost effective. On the lines of airlines, Railway Minister Piyush Goyal said that Indian Railways is looking into a model under dynamic pricing where train tickets can be offered at discounts, just like in airlines.

 Remarkable, out of the box thinking is breaking new grounds for enhancing revenues for the Railways.



. “Why should flexi-fares only be about an increase in train fares. Just like in airlines and hotels, Railways too should be able to offer discounts on routes where the occupancy is relatively low. We are exploring this possibility. The Railway Board chairman Ashwani Lohani has come from Air India, so he is studying this possibility,” Goyal said while addressing the media about the ongoing Railway conclave “Sampark, Samanvat, Samvad.”


Goyal also laid out 10 principles for Railway employees; decisive leadership, partnership with all stakeholders, outcome-oriented action, time bound execution and fast dispute resolution, root cause analysis, rule of law and transparency, prioritisation of issues, technology focus, innovative financing and accountability and close monitoring.

According to the Ministry of Railways, Goyal stressed on the fact that time bound execution can lead to meeting cost targets and improve performance. The Railway conclave was meant to be a brainstorming session for senior railway employees. The aim was to deliberate on “Vision for New Railway – New India 2022”. It was attended by over 250 members of Indian Railways.

Copyright © 2018 PORT TO PORT - Shipping Services Portal ( Sagar Sandesh ). All rights reserved.

Follow Us