Spotting
 Timeline
 Travel Tip
 Trip
 Race
 Social
 Greeting
 Poll
 Img
 PNR
 Pic
 Blog
 News
 Conf TL
 RF Club
 Convention
 Monitor
 Topic
 #
 Rating
 Correct
 Wrong
 Stamp
 PNR Ref
 PNR Req
 Blank PNRs
 HJ
 Vote
 Pred
 @
 FM Alert
 FM Approval
 Pvt

Eat-Sleep-Railfanning 🔄 Repeat - Shankar Mehani

Search News
<<prev entry    next entry>>
News Entry# 332419
Mar 24 2018 (12:19) Fadnavis: Bullet train fares to be equal to conventional ones: Maha CM (economictimes.indiatimes.com)
Other News
3206 views
0

News Entry# 332419   
  Past Edits
This is a new feature showing past edits to this News Post.
MUMBAI: Fares of the Mumbai-Ahmedabad bullet train would be comparable to existing conventional railway fares, Maharashtra Chief Minister Devendra Fadnavis told the Legislative Council today.
He...

3256 views
0

Mar 24 2018 (14:46)
A2Z~
A2Z~   17505 blog posts
Re# 3233609-1              
* Shatabdi, an ordinary train by international standards which run at same speed or 10-20kmph faster than Express trains is considered a premium train by IR, that 15-20% higher base fare and a flexi surcharge upto 50% of base fare (avg about 35%) is levied.
* On the other hand, Bullet train shall be a world class train, which shall operate on very costly dedicated tracks at 320kmph with very short journey times. In view of above fact, the statement that "Bullet train fares shall be equal to conventional ones" is almost unbelievable.
*
...
more...
Fixing fares for the bullet train is going to be a very tough task as
(1) the very costly HS corridor need about 1 lac paxs per day to come anywhere near the financial break even point at fares equal to air fare.
(2) the fares have to be affordable to a large fraction of society including atleast the Middle class if not the poor. With ever increasing income tax levels in real terms (after adjusting to inflation), the % of population which can afford high bullet train fares is likely to be lower than the desired level.
(3) IR shall have to subsidise the HS rail travel in line with some European countries and at the same time have to go for low cost seat by going for AC DD HSTs so that the fare for economy seats can be kept low enough to ensure affordability to general public. TGV Double Decker Duplex trains are successfully operating.
(4) Revenue from commercial utilisation of station & surrounding area, advertisements, development of townships and Special Economic Zones along the HST corridor has to be maximised to make HSTs viable in a poor and populous country like India.

Translate to English
Translate to Hindi
Scroll to Top
Scroll to Bottom
Go to Desktop site
Important Note: This website NEVER solicits for Money or Donations. Please beware of anyone requesting/demanding money on behalf of IRI. Thanks.
Disclaimer: This website has NO affiliation with the Government-run site of Indian Railways. This site does NOT claim 100% accuracy of fast-changing Rail Information. YOU are responsible for independently confirming the validity of information through other sources.
India Rail Info Privacy Policy