Indian Railways on Wednesday said it has decided to extend the flexi fare scheme for a period of another one-year that is from 15 March 2020 to 14 March 2021.
The national transporter issued a statement in which it said that the Railway Ministry has decided to extend the rationalisation of flexi fare scheme for another one-year.
The extension of the flexi fare scheme will be applicable on the premium trains like Rajdhani Express, Shatabdi Express and Duronto Express.
Flexi fare scheme was launched with effect from 9 September 2016. The scheme generated high revenue however initially there was a drop of passengers which picked up later on. Railways later decided in favour of discontinuation of flexi-fare in trains with average monthly occupancy less than 50%.
The railways also decided to reduce the current cap of 1.5 times of the fare to 1.4 times in all the classes.
To increase the occupancy of less patronised classes (2A, 3A, Chair Car etc.), the railways decided a graded discount of 20% on last fare of all trains with flexi fare where occupancy of a particular class is less than 60% (4 days prior to scheduled departure of the train).
In September, the railways removed the flexi-fare scheme from its premium Humsafar trains and introduced more sleeper class coaches in a big relief to passengers. The relief was applicable to 35 pairs of Humsafar trains, which had only AC 3-tier classes, an official said.
The tatkal ticket fares of the Humsafar trains have also been decreased. They will now cost 1.3 times of the base fare, instead of 1.5 times, the official said.
*With Agency Inputs