Indian Railways may cut ticket prices, give big relief to passengers; trial run successful
For the remaining 102 trains under the scheme, Indian Railways will offer up to 50 per cent discount for ‘last-minute’ bookings made for the seats available up to four days before the journey, revealed a Times of India report. The department is also likely to put graded discount system for trains that see less than 60 per cent bookings, the report said.
Termed as dynamic pricing, this system was introduced in September 2016 on about 40 trains, often making rail fares costlier than airline tickets. Image source: Reuters