Indian Railways has introduced 48 premium trains with dynamic ticket pricing on IRCTC that can only be reserved online and will not be available to agents.The news was first reported by NextBigWhat. On an average, about 4.63 lakh tickets are booked via IRCTC each day, and the demand increases considerably over peak holiday season. The group says that premium trains are being been implemented to meet this demand. Features: The special trains will have only AC 2 Tier and AC 3 Tier classes with Rajdhani-like facilities, including catering. The Indian Railways experimented with this model during Christmas season last year. It looks like they intend to implement this model during every festival season, when demand exceeds the average. Ticket fare: The dynamic fare pattern is similar to the one used by airlines with it going up with rising demand. The fare applicable to each day/transaction is indicated at the time of booking on the IRCTC’s e-ticketing website. How is it different from normal trains: Advance Reservation Period (ARP) of these trains will be a maximum of 15 days. The ticket fare follows a dynamic-pricing model, and fares will be much higher. Tickets can be booked only online, via IRCTC's website. It will not be sold over the reservation counter. No wait-list tickets will be issued to passengers on these trains. Tickets won't be refunded unless the train gets cancelled due to unforeseen circumstances. No concession is applicable in this train, irrespective of their age. However, after charting, vacant berths will be…
