#Expectations from the Railway Budget 2017-2018

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By Admin

It’s that time of the year again! Railway Budget 2017 will be out tomorrow and will be presented by the Union Finance Minister, Mr.Arun Jaitley. This is going to be his third budget session in the parliament. Also, an interesting aspect of this Rail Budget, is that this will be the first time in the history of 92 years when there won’t be any separate rail budget and the provisions will be a part of the main Union Budget.

In lieu of the upcoming Rail Budget, many leading market agencies conducted a number of polls on different parameters such as fare system, rail services, effect of demonetization on train tickets and other relevant tidbits.

LocalCircles, the biggest citizen engagement platform in the country, conducted a poll on the Flexi Fare System and the common opinion is that people want to have the Flat Fare increase as compared to the Flexi system for premium trains. The Flexi Fare System was introduced on Sep 7, 2016 and aims at allowing user to book train tickets, at last minute on a 50% fare hike for premium trains. Once the final chart is prepared, one can avail the vacant seats by paying 50% additional charges on the base fare of tickets.

According to a poll conducted by Make Railways Better Circle, 73 percent citizens want the Flexi Fare System to go and they are willing to pay for hike on a Flat Fare system. However, 27% said that they support the existing Flexi Fare System for booking train tickets. The poll was conducted across 240 districts of India and more than 8000 citizens were part of this poll.

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