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News Entry# 292571
Jan 30 2017 (09:24) Rlys' AC coach biz grows only 5% (epaperbeta.timesofindia.com)
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News Entry# 292571   
  Past Edits
This is a new feature showing past edits to this News Post.
Domestic air traffic is boo ming but the railways seem to be left out, especially in the more profitable AC classes. While air traffic grew 23%...

21 Posts

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Jan 31 2017 (00:04)
Sanz~
Sanz~   8513 blog posts
Re# 2145722-22              
All the 3 benefactors of Surge pricing making losses. Long distance Rajdhanis even more, Durontos too while Shatabdi ka VOLOVS ne jaan le rakhi hai.
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Jan 31 2017 (16:30)
I.R.needrejuvenation~
I.R.needrejuvenation~   1946 blog posts
Re# 2145722-23              
They are too short sighted to see the side effects of surge pricing. Today they are happy that the total revenue with surge fare is marginally higher than the earlier collection. So they consider surge pricing as success.
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IR fail to realise that it are loosing their market share as it is historically a habitual loser and is continuously loosing pax business (from 75% to 15%) & freight business (from 90% to 25%) to roadways & airlines since independence. Politicians are happy extracting electoral gains out of IR and Employees happy enjoying
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multiple benefits of hand some salary+job security+pension+tension free working in monopolistic regime without facing the heat of competition in railways sector. Result is an organisation struggling with inefficiency and corruption. Passengers, Users & nation economy are the worst sufferers.
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Very soon IR is likely to announce extension of flexi fares to SF trains too. Again they fail to realise that with this policy IR is giving a great opportunity to luxury bus operators & economy airliners to ramp up their operation and poach upon ACC/ACIII & EC/ACII/ACI paxs of IR respectively. In future, a huge chunk of profit making freight shall be moving on DFCs and profit giving ac class paxs shall move to Luxury buses/pvt vehicles/ airlines and IR shall be saddled with more and more subsidy seeking non ac class paxs.

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Jan 31 2017 (16:34)
I.R.needrejuvenation~
I.R.needrejuvenation~   1946 blog posts
Re# 2145722-24              
Surge pricing is not the game of IR and it should avoid playing such a game. There is more probability of burning fingers rather than getting benefitted in long run.
If surge pricing is implemented for all trains IR stands to lose more and more of its profitable passenger business to ite competitors.
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Jan 31 2017 (18:48)
rahul_kir^~
rahul_kir^~   6932 blog posts
Re# 2145722-25               Past Edits
I think this whole concept of Surge pricing, Suvidha spcls are brainchild of some Railway board babus. Earlier RMs are not used to take these bold decisions and those RMs must've ignored these babu's suggestions. But since Prabhu is a dynamic leader, he was brought in to make changes in IR. He got influenced by these Railway board babus and hurriedly implemented these suicidal decisions causing railway to lose its business share to airlines and road transport segment. I am worried what kind of logics these babus are currently giving to RM to continue and implementing Flexi fares to all SF trains..
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Feb 01 2017 (10:22)
I.R.needrejuvenation~
I.R.needrejuvenation~   1946 blog posts
Re# 2145722-26              
It is actually an offshoot of the RM giving more powers to the babus with an expectation of achievement of stiff annual targets. So far, all the tightening measures had been directed towards the hapless middle class paxs (often without other options). No cost control measures have been taken towards the review of perks/facilities to employees many of which are continuing since British Raj. Instead they have been showered with 7th pay commission costing additional 30,000-35,000 crores to IR, resulting in 70% of revenue going in salary & pension, thereby pushing IR to the brink of financial bankruptcy.
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a company whether private or Public sector is in financial stress, the prices of its products never indiscriminately increased as being done by IR through Suvidha/Flexi fares. Instead, some of the perks given to the employees are curtailed (usually as a temporary measure) and the due pay revision/payment is deferred. But such kind of activity never happens in IR because of its monopoly status. If there is a competitor, any flexifare/ Suvidha fare scheme shall divert its paxs to its competitor rail operator and IR shall be forced to take balanced approach rather than unilaterally punishing paxs for its inefficiency.

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