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

Santosh Kumar DashSubscribe to Santosh Kumar Dash

‘Surge’ Pricing for Railway Tickets as Tax by Stealth

The Indian Railways’ implementation of the “surge” pricing of tickets for its fast trains is unfortunately an ill-conceived policy and a “tax by stealth” measure. It flouts basic microeconomic rationale and real-world relevance as the railways is a monopoly with no flexible and immediate capacity for a rise in supply of traveller coaches and/or fast trains.
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