NEW DELHI: Train prices are all set to rise as Ministry of Railways has decided to introduce the flexi fare or surge pricing for Rajdhani, Duronto and Shatabdi trains . Flexi fare is same as surge pricing of OLA, Uber where price of services go up in direct proportion with the demand of the product. "The base fares will increase by 10 per cent with every 10 per cent of berths sold subject to a prescribed ceiling limit. The base fares will increase by 10% with every 10% of berths sold subject to a prescribed ceiling limit as indicated in the table. However, no additional charges as "Tatkal charges" will be levied.
Source: Economic Times September 07, 2016 14:28 UTC