Union minister Piyush Goyal today said the flexi fare scheme of the Railways, which helped it earn an additional Rs 540 crore in less than a year, may be amended to ensure that it brings in revenues without taxing passengers. The ticket prices for other trains will not go up either, wrote The Times of India quoting Minister of State for Railways Manoj Sinha.
“People have brought to my notice the issue of the flexi fare scheme. It could be made better in a way that it does not hurt people’s (pockets) and also meets the revenue target,” Goyal told reporters here.
He was responding to question on whether he had reviewed the flexi fare scheme after taking charge of the ministry earlier this month.
Asked if there could be any amendment to the scheme, Goyal said, “There is a possibility of making some change”. Read More…
Latest posts by businesstoday.in (see all)
- Will Lakshmi Mittal’s Desperate Bid For Essar Steel Open Up Doors To India? - March 5, 2018
- Can Reliance Turnaround Krishna-godavari Assets With Rs 40,000-cr Investment? - February 27, 2018
- Oil Ministry Seeks Cut In Excise Duty On Petrol, Diesel In Budget 2018 - January 23, 2018