'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
Recommended Citation
Panda, Sitakanta and Dash, Santosh Kumar, "'Surge' pricing for railway tickets as tax by Stealth" (2018). Journal Articles. 1481.
https://digitalcommons.isical.ac.in/journal-articles/1481