• SENSEX
    NIFTY 50
Infrastructure

Why railways needs to continue flexi fares to reach earnings target this fiscal

Updated : May 17, 2018 06:07 PM IST

Indications are that the scheme may neither be scrapped nor tweaked further, never mind incessant criticism from MPs and frequent train passengers.
Under this system, the base fare increases by 10% with every 10% of berths sold subject to maximum ceiling limit of 1.5 times in second AC, sleeper, second sitting (reserved), AC chair car and 1.4 times in third AC.
Why railways needs to continue flexi fares to reach earnings target this fiscal
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV