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Blog Entry# 5941845
Posted: Jan 14 (11:11)

5 Responses
Last Response: Jan 25 (19:02)
Rail News
17535 views
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Politics
Jan 14 (11:11)   Indian Railways offering 55% concession on train fares to every passenger: Ashwini Vaishnaw

PrakharYadav^~   1454 news posts
Entry# 5941845   News Entry# 537477         Tags   Past Edits
Every train passenger will receive a 55% concession on their fare, according to Railway Minister Ashwini Vaishnaw. When asked about the restoration of pre-Covid fare concessions...

2 Public Posts - Sun Jan 14, 2024

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0

Jan 25 (18:55)
Shankar_Rail
Shankar_Rail   58 blog posts
Re# 5941845-3              
IR does not want to increase the second Seater, Sleeper and Suburban tickets mainly due to political reasons. Current political dispensation also has same dilemma of making passenger segment as viable business without affecting the voting community, which is largely lower middle class and middle class which uses the IR on daily basis in suburban and long-distance travel for two to three times in a year to travel back to their native place.

IR has started improving the revenue realisation without showing a perceptible change through following means.
...
more...

1. Changes 500+ passenger trains to Express trains, which are plying more than 200km
2. Sleeper class reserve berths are slowly replaced and AC berths/seats increased from 10 percent of total daily berths to 40 percent over the last 10 years.
3. Upgraded around 600+ trains from Express category to SF
4. Increased revenue from 135 cr per day in 2018 to 200 cr per day in 2023.
5. VB trains added 60000 ac seats and will add another 100000 in 2024.
6. Ultimate goal is to make the IR to get around 350 to 400 crore revenue by carrying 1 crore passengers per day in long distance category and moving unreserved seats to reserved seats.
7. Make at least 50 percent in suburban travel into AC Vande Metro.
8. In 3 to 5 years, there will be no waitlists and the number of trains will be around 15000 per day, but most of them will be in viable category and none will be subsidised including suburban travel.
9. In transition, we have to put up with stress for another year or so for continuous new trains of around 500 per year joining the daily average trains, mostly in VB category.

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2 Public Posts - Thu Jan 25, 2024

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