Jul 15, 2014

Premium Special Trains on Dynamic Pricing

The fare of Premium Special Trains on dynamic pricing increases depending upon the demand and availability of accommodation. The base fare of these trains is the normal adult fare applicable for the trains plus the tatkal charges and the fare can increase based on demand intensity subject to a prescribed maximum limit. The premium special trains have a short advance reservation period and do not provide for waiting lists. 

In the case of 12952 New Delhi-Mumbai Rajdhani Express, there is a 14.77 per cent difference of fare between regularly booked ticket and ticket booked under Tatkal for 2AC class between New Delhi and Mumbai. However, the fare of the Premium Specials operated on dynamic pricing would vary from time to time based on demand intensity. 

The normal fare of a 2nd AC Class ticket in 12952 New Delhi-Mumbai Rajdhani Express inclusive of service tax, catering charges, reservation charges, etc. and excluding Tatkal charges is Rs. 2810. 

The revenue from Premium Special Trains is dependent on the demand pattern, the operational feasibility of running such trains and availability of coaches. It is therefore, not feasible to work out in advance the overall additional revenue that Railways are expected to earn through such trains during the year 2014-15. 

This information was given by the Minister of State for Railways Shri Manoj Sinha in written reply to a question in Rajya Sabha today. 
Source - PIB

Commodity-Wise Freight Revenue of Railways Goes up by 7.66 Per Cent During April-June 2014

The Indian Railways have generated Rs. 24541.96 crore of revenue earnings from commodity-wise freight traffic during April-June 2014 as compared to Rs. 22795.55 crore during the corresponding period last year, registering an increase of 7.66 per cent. Railways carried 267.68 million tonnes of commodity-wise freight traffic during April-June 2014 as compared to 256.79 million tonnes carried during the corresponding period last year, registering an increase of 4.24 per cent. 

Out of the total earnings of Rs. 8136.70 crore from commodity-wise freight traffic during the month of June 2014, Rs. 3533.04 crore came from transportation of 41.57 million tonnes of coal, followed by Rs. 700.40 crore from 9.91 million tonnes of iron ore for exports, steel plants and for other domestic user, Rs. 760.14 crore from 9.25 million tonnes of cement, Rs. 696.75 crore from 4.57 million tonnes of foodgrains, Rs. 481.98 crore from 3.63 million tonnes of petroleum oil and lubricant (POL), Rs. 515.14 crore from 3.27 million tonnes of Pig iron and finished steel from steel plants and other points, Rs. 421.70 crore from 3.84 million tonnes of fertilizers, Rs. 113.41 crore from 1.22 million tonnes of raw material for steel plants except iron ore, Rs. 373.96 crore from 3.96 million tonnes by container service and Rs. 540.18 crore from 5.92 million tonnes of other goods.

Source - PIB

 

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