"We have introduced the dynamic fare system on an experimental basis. "At present, we are facing the loss of Rs 33,000 crore in the passenger segment as we charge 36 paisa for one km pf travel," Jamshed said.The passenger revenue target for the current fiscal is Rs 51,000 crore as against Rs 45,000 crore in the last fiscal, an increase of Rs 6000 crore for 2016-17. "We are spending Rs 1,800 crore in passenger amenities by improving platform area, installing lifts, water vending machines and many more such facilities," the Member (Traffic) said.All India Railway Federation General Secretary Shiv Gopal Mishra said, "The hike is not on Garib Rath or Jan Shatabdi trains which are used by the common man. Rajdhani or Shatabdi trains are generally patronised by those who can afford premier service. "There will be no change in the existing fare First AC and Executive Class travel in premier trains as these have been exempted from the flexi fare system.The financial position of the railways is "not very good" and there is a need for some measures to improve the situation, Mishra added.

Source: Times of India September 08, 2016 14:35 UTC