Railways suffers pricing jet lag

Rail passenger traffic takes a knock from its flexi fares and low-cost carriers

Shine Jacob  |  New Delhi 

The Indian Railways is trying to battle it out with the aviation sector for passenger volumes. It has been hit by a decline in airfares and the adoption of a dynamic railway fare system. While from January to May 2017, domestic airlines posted a 17.63 per cent growth in passenger numbers, the railways saw only a marginal increase of 0.37 per cent.   This comes at a time when the railways ministry has raised concerns over its passenger business in a blueprint drawn up by it. The national transporter is losing its premium passenger segment to the ...

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