Ministry of Railways
Rail Development Authority
Posted On:
27 NOV 2019 6:58PM by PIB Delhi
The Government has approved the setting up of Rail Development Authority (RDA). The role/mandate of RDA, inter alia, includes providing expert advice to Government to make informed decision on :-
- Pricing of services commensurate with costs.
- 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 Railways and Commerce & Industry, Shri Piyush Goyal in a written reply to a question in Lok Sabha today.
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