Ministry of Railways Prepares Concept Paper On Rail Development Authority of India
The
Concept Paper Has Been Uploaded On The Railway Ministry’s Website
www.indianrailways.gov.in
Comments
and Suggestions Invited From The Public About This Authority
The
Comments Can Be Submitted By 30th January, 2016
Ministry
of Railways has prepared a concept paper on Rail Development authority of India
which has been uploaded on the Indian Railway website namely www.indianrailways.gov.in.
The salient features of the Note are:
·
Minister of Railways Shri Suresh
Prabhakar 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. The concept paper has been prepared in
line with the vision presented by the Minister of Railways.
·
National Transport Development Policy
Committee (NTDPC) Report of 2014 had recommended that a Rail Tariff Authority
should be set up which should become the overall regulator. Later Bibek Debroy
Committee Report had also recommended a regulator with overarching functions.
·
Many of the countries like U.K, Russia,
US, Australia, Germany have regulatory structure in some form or the other.
·
The Authority will discharge functions
in a manner to protect the interest of consumers, ensuring quality of service,
promoting competition, encouraging market development, efficient allocation of
resources, provide non-discriminatory open access specially on DFC and to
benchmark service levels for ensuring quality, continuity and reliability of
service.
·
The Authority will undertake four key
functions:
o
Fixing tariff.
o
Ensuring fair play and level playing
field for private investment in railways.
o
Determination of efficiency and
performance standards.
o
Dissemination of information.
·
The Authority can initially be set up
through an executive order and can be subsequently strengthen through a
legislation process.
·
The Authority will consist of Chairman
and four other members who have experience and knowledge in railways,
infrastructure, finance, law, management and consumer affairs.
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