Indian Railways seeks suggestions on proposed regulator


The railways ministry on Monday sought comments and suggestions on a concept paper it drafted aimed at creating a Rail Development Authority of India which will protect interests of consumers on Indian Railways, ensure quality of service and promotes competition among others.

“Minister of Railways Suresh Prabhu in his speech for Rail Budget 2015-16 had said that for orderly development of infrastructure services, enabling competition and protection of customer interest, it is important to have a regulation mechanism independent of the service provider,” said a ministry statement.

The National Transport Development Policy Committee (NTDPC) Report of 2014 and Bibek Debroy Committee Report had also recommended a regulator with overarching functions.

The key functions of the envisaged regulator encompass fixing tariff, ensuring a level playing field for private investment in railways, determination of efficiency and performance standards and dissemination of information among others, the statement said. More info

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