Government has approved formation of a Rail Development Authority (RDA) comprising Chairman and three Members. The objective underlying RDA is to get expert advice/make informed decision on:
- Pricing of services commensurate with costs.
- Suggest measures for enhancement of Non Fare Revenue.
- Protection of consumer interests, by ensuring quality of service and cost optimization.
- Promoting competition, efficiency and economy.
- Encouraging market development and participation of stakeholders in the rail sector and for ensuring a fair deal to the stakeholders and customers.
- Creating positive environment for investment.
- Promoting efficient allocation of resources in the Sector.
- Benchmarking of service standards against international norms and specify and enforce standards with respect to the quality, continuity and reliability of services provided by them.
- Providing framework for non-discriminatory open access to the Dedicated Freight Corridor (DFC) infrastructure and others in future.
- Suggesting measures to absorb new technologies for achieving desired efficiency and performance standards.
- Suggesting measures for human resource development to achieve any of its stated objectives.
This information was given by the Minister of State for Railways Shri Rajen Gohain in a written reply to a question in Lok Sabha today.
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