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DAILY NEWS ANALYSIS

  • 16 June, 2020

  • 2 Min Read

Railway development Authority

Railway development Authority

Rail Development Authority will help the Indian Railways take decisions on pricing of services, consumer interests, generating revenue and competition. The government has approved the formation of a Rail Development Authority (RDA) comprising a Chairman and three Members.

The objective underlying RDA is to get expert advice/make an informed decision on

  • Pricing of services commensurate with costs.
  • Suggest measures for enhancement of Non-Fare Revenue.
  • Protection of consumer interests, by ensuring the quality of service and cost optimization.
  • Promoting competition, efficiency and economy.

Other than the above-mentioned objectives the authority also deals with resource allocation, setting service benchmarks etc.,

Source: TH


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