The railways have, after starting an experiment of flexible fares from September 9 on some prime trains, decided to end it on the Jaipur-Ajmer and Mysuru-Bengaluru sections. The railways were expecting additional revenue of Rs 500 crore by March from this but have got only Rs 92 crore more in the first two months.

The rollback would result in reduction of fares of the trains on the said sections by an average of nine to 24%. The system was the same one followed by cab aggregators and the airline sector, with pricing driven by the rise or fall in demand. The new ...