Breaking


Showing posts with label Premium Tatkal Pricing. Show all posts
Showing posts with label Premium Tatkal Pricing. Show all posts

Saturday, 18 April 2015

16:21

Man books tickets worth Rs 4,200, pays Rs 11,900; IRCTC says bad luck, it's premium tatkal

Man books tickets worth Rs 4,200, pays Rs 11,900; IRCTC says bad luck, it's premium tatkal

Imagine buying something for Rs5,000 and then being given a bill of Rs12,000, all because of a small asterisk which says 'fares may increase at the time of booking'.

Thane resident Shyam Nair was subject to what he called a very cruel joke when he got a bill of Rs11,904 after he booked two premium tatkal tickets on the 16345 Kurla-Thiruvananthapuram Netravati Express on Friday morning. The ticket rate being flashed on the Indian Railway Catering and Tourism Corporation (IRCTC) website at the time of booking was Rs2,145.

Speaking to dna, Nair said, "Time is such an important factor when you are booking on the IRCTC website, even a second lost is a ticket lost. I started my booking session with the price of the ticket mentioned as Rs2,145.

After I booked two tickets under the premium tatkal quota, I got an alert from my SBI account, which showed that Rs11,904 had been debited. The fare had increased to Rs5,930. I paid Rs11,860 for the two tickets, with Rs44 as service charge."

What has galled Nair is the fact that on several travel portals a flight ticket between Mumbai and Trivandrum was going at around Rs7,000. "I could have paid a bit more and got two flight tickets, saving almost a day of travelling. It is appalling that the railways calls itself a public utility and works at such abysmal levels of transparency," fumed Nair.

The bad news for commuters is that according to IRCTC there is nothing much that can be done to rectify such a situation when it comes to premium tatkal tickets. Explaining the problem, Sunil Kumar, group general manager, (information technology) IRCTC, said, "There is something called the inquiry time and the booking time. The problem is that in premium tatkal, as each class on a train will have just around 10-15 premium tatkal tickets that can be booked from computers nationwide, the booking is so quick that price changes between inquiry time and booking time. In a matter of less than a minute, a premium tatkal ticket will reach the upper limit (three times the base fare). It is possible that in this case, the same thing happened."

According to Kumar, the small number of premium tatkal tickets available per class per train and the quick speed of the transactions mean displaying the booking time fare — the one the commuter actually pays — is technically impossible.

Passenger associations are unwilling to take it lying down, with the All-Thane Malayalee Association (ATMA) planning to approach railway authorities about what it called railway-approved fraud. "It is high time commuters start protesting. The commuter books thinking s/he is paying the base fare but ends up paying the premium fare that railway calculates in some manner only it knows. This is unacceptable," said Sashikumar Nair of the ATMA.

Source :DNA

Thursday, 9 October 2014

10:33

Premium Tatkal Pricing to bring in additional Rs.300 Crores to Railways if proved successful

Premium Tatkal Pricing to bring in additional Rs.300 Crores to Railways if proved successful

New Delhi: With losses from passenger operations crossing Rs.26000 crore in FY14, the Indian Railways is trying to generate some extra money by selling 50 per cent of the tatkal tickets under dynamic pricing model on select routes. The move would bring in an additional income of Rs.300 crore, if the experiment proves to be a success, senior Railway officials said.

Under this model, ticket prices vary according to demand. The Railways already run premium trains at 30 routes, whose base fare starts from the tatkal fare and at the peak of the demand, it competes with the air fares.

About 20 popular routes across the country are identified where half of the tatkal tickets would be sold through premium pricing. The routes include Delhi-Mumbai, Delhi-Patna, and Chennai Central-Ahmedabad.

The zonal divisions of the Railways have been asked to come up with a plan for phase-wise rolling out of the scheme. The move is expected to be boost the revenue generation of cash-strapped Railways by up to 40 per cent on these routes. About 15 per cent of the reserved category tickets are tatkal tickets, which make up for five per cent of income from the passenger operations.

In FY14, the Railways yielded Rs.1298 crore through tatkal tickets. About 170,000 seats, of the 1.1 million available, are up for booking under the tatkal scheme.

In December last year, the Railways had conducted a pilot between Delhi and Mumbai for premium trains during the Christmas-New Year rush. It is estimated that the Railways earns Rs 19 lakh from a one-way journey on the Delhi-Mumbai Rajdhani. The earnings were spiked by 43 per cent on a single journey, according to senior Railway Board officials.

In the last financial year, the Railways earned Rs.37500 crore from passenger operations, while for the first time in many decades, the volume fell one per cent on a year-over-year basis. For FY15, the Railways has set a target of earning at Rs.44645 crore from passenger operations and it expects a five per cent spike in volume.

In June, the Railways had announced an increase of 14.2 per cent in passenger fares and 6.5 per cent in freight rates. However, the hike in sub-urban passenger fares was withdrawn amidst political pressure, which cost the Railways Rs 670 crore.