ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

Articles By Amal Baby

Dynamic Pricing in Indian Railways

The dynamic pricing practice resulted in a modest increase in revenue but kept more people away from using it. This therefore raises questions on the purpose of public sector undertakings, which is to maximise more users along with revenue generation. The ticket price must also compete with the alternative transportation segment, such as air travel. Evidence suggests the rail transport to be comparably more expensive than air travel due to dynamic pricing. The railways must also consider reducing its mounting subsidy on the passenger segment by raising its fare to increase revenue from the passenger segment and go further in the way of inevitable modernisation.