The IRCTC has introduced 48 special premium that trains can only be reserved online and will have its fares change dynamically.
The service was first introduced in December 2013. Base price of the fares will be at par with that of the Rajdhani tatkal tickets, and will increase as demand increases for the trains.
The special premium trains will only commute during certain seasons and will have AC II tier, and III tier coaches with Rajdhani like facilities in it. With an advance reservation period of 15 days, agents will not be allowed to book tickets on these trains. Tickets once booked on the special premium trains, can also not be cancelled or refunded.
The move will help IRCTC plug losses arising from the passenger ticketing segment which was estimated to be Rs 26,000 cr as of December 2013. However, with prices beginning at Rajdhani like fares at over Rs 2K and 1.5K and changing thanks to the scarcity of seats and rise in demand, wouldn’t it be preferable to book an airline ticket?