Railways flexi fare scheme will not hurt passengers pockets as it boosts revenue: Piyush Goyal | Business Today

Union minister Piyush Goyal today said the flexi fare scheme of the Railways, which helped it earn an additional Rs 540 crore in less than a year, may be amended to ensure that it brings in revenues without taxing passengers.

“People have brought to my notice the issue of the flexi fare scheme. It could be made better in a way that it does not hurt people’s (pockets) and also meets the revenue target,” Goyal told reporters here.

He was responding to question on whether he had reviewed the flexi fare scheme after taking charge of the ministry earlier this month.

Asked if there could be any amendment to the scheme, Goyal said, “There is a possibility of making some change”.

The scheme, launched on September 9 last year and applicable to premium trains such as the Rajdhani, Shatabdi and Duronto, allows 10 per cent of the seats to be sold at normal fare and thereafter increasing it in phases by 10 per cent with every 10 per cent of berths sold, with a ceiling of a 50 per cent rise.

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Railways flexi fare scheme will not hurt passengers pockets as it boosts revenue: Piyush Goyal.