'Surge' pricing for railway tickets as tax by Stealth

Article Type

Research Article

Publication Title

Economic and Political Weekly

Abstract

The Indian Railways' implementation of the "surge" pricing of tickets for its fast trains is unfortunately an ill-conceived policy and a "tax by stealth" measure. It flouts basic microeconomic rationale and real-world relevance as the railways is a monopoly with no flexible and immediate capacity for a rise in supply of traveller coaches and/or fast trains.

First Page

25

Last Page

27

Publication Date

2-3-2018

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