Dynamic pricing in Indian railways: What have we learned so far?
By: George, Justine and Baby, Amal
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Material type: 
BookPublisher: Economic and Political Weekly Description: 59(1), Jan 6, 2024: p.13-14.
In:
Economic and Political WeeklySummary: The dynamic pricing practice resulted in a modest increase in revenue but kept more people away from using it. This therefore raises questions on the purpose of public sector undertakings, which is to maximise more users along with revenue generation. The ticket price must also compete with the alternative transportation segment, such as air travel. Evidence suggests the rail transport to be comparably more expensive than air travel due to dynamic pricing. The railways must also consider reducing its mounting subsidy on the passenger segment by raising its fare to increase revenue from the passenger segment and go further in the way of inevitable modernisation.- Reproduced
https://www.epw.in/journal/2024/1/commentary/dynamic-pricing-indian-railways.html
| Item type | Current location | Call number | Vol info | Status | Date due | Barcode |
|---|---|---|---|---|---|---|
Articles
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Indian Institute of Public Administration | 59(1), Jan 6, 2024: p.13-14 | Available | AR130997 |
The dynamic pricing practice resulted in a modest increase in revenue but kept more people away from using it. This therefore raises questions on the purpose of public sector undertakings, which is to maximise more users along with revenue generation. The ticket price must also compete with the alternative transportation segment, such as air travel. Evidence suggests the rail transport to be comparably more expensive than air travel due to dynamic pricing. The railways must also consider reducing its mounting subsidy on the passenger segment by raising its fare to increase revenue from the passenger segment and go further in the way of inevitable modernisation.- Reproduced
https://www.epw.in/journal/2024/1/commentary/dynamic-pricing-indian-railways.html
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