Govt approves formation of Rail Development Authority

Speed Post News Network

New Delhi : The 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, and promoting competition, efficiency and economy, according to a PIB release.

The RDA will also be providing framework for non-discriminatory open access to the Dedicated Freight Corridor (DFC) infrastructure and others in future, suggest measures to absorb new technologies for achieving desired efficiency and performance standards, and suggest measures for human resource development to achieve any of its stated objectives.

This information was given by the Minister of State for Railways Rajen Gohain in a written reply to a question in Lok Sabha on February 7, 2018.