Economy

Train Fares Slashed to Pre-COVID Level

The Railway Board recently announced that it has reduced the ticket prices and reverted to pre-pandemic fares immediately. The Indian Railways had increased the ticket prices during the pandemic times to discourage people from travelling. 

All long-distance passenger trains were running as special trains with higher prices since the government eased the lockdown restrictions.

The Railways issued an order to mention the discontinuation of this special express tag for all trains. However, the issued order does not specify on which date the zonal railways are required to return to their regular services. Also, a senior official said that the process might take a day or two.

The board stated that they will now operate trains with regular fares as applicable for the respective class of travel and type of train. The officials said that they would resort to more than 1700 trains in the next few days. Also, officials have stated that even though the prices will go down, temporary restrictions on things like bedrolls, meal services and concessions would continue to exist.

The official data shows that the second-quarter numbers show a sharp spike of 113% in the key passenger segment earnings compared with the first quarter of 2021-22.

For any clarifications/feedback on the topic, please contact the writer at dvsr.anjaneyulu@cleartax.in

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