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NEW POLICY INITIATIVES BY RAILWAYS
Image Credit: s3. india. com
A number of new policy initiatives by Railways have been introduced since last few years.
The details of these initiatives are as under:-
• FDI in Railways: The proposal has been cleared by Government for allowing 100 per cent FDI in Railway infrastructure, apart from operations, through automatic route.
• High-speed bullet trains: Railways has announced a Bullet Train between Ahmedabad and Mumbai with MOU between Railways and Japan.
Policy initiatives for freight trains:-
1. Long term tariff contract( LTTC) with key freight customers at predetermined price escalation principals.
2. For the first time ever in Indian Railways, freight rates were reduced.
3. Port congestion charges dropped. 4. Busy season surcharge dropped.
5. |
Dual pricing policy of iron withdrawn. |
6. |
Multi point loading introduced. |
7. Siding policy liberalised.
8. Automatic freight rebate scheme in traditional empty flow direction introduced.
9. Time tabled freight services introduced. 10. Container sector opened up for more commodities. 11. Goods terminals opened up for handling containers.
12. Last mile connectivity through Roadrailers, Roll on Roll Offs Appointed Key Customer Managers to serve as single point of contact for all major freight customers.
13. Structured dialogue between Railways and Customers christened‘ Samvad’ started.
14. Electronic registration of Demand and Electronic transmission of Railway Receipts started.
15. Railway land leased out for horticulture and plantation of trees
16. Discharge free Railways – bio-toilets in all coaches.