Rail Analysis India March 2018 Digital Magazine | Page 164

Article | 163
Station Redevelopment
in
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Article Source: PIB
fORMATION OF Rail Development Authority
Government has approved formation of a Rail Development Authority (RDA)
comprising Chairman and three Members. The objective underlying RDA is to get
expert advice/make informed decision on:
1. Pricing of services commensurate with costs.
8. Benchmarking of service standards against
2. Suggest measures for enhancement of Non Fare
Revenue.
3. Protection of consumer interests, by ensuring
quality of service and cost optimization.
4. Promoting competition, efficiency and economy.
5. Encouraging
market
development
and
participation of stakeholders in the rail sector and
for ensuring a fair deal to the stakeholders and
customers.
6. Creating positive environment for investment.
7. Promoting efficient allocation of resources in the
international norms and specify and enforce
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standards with respect to the quality, continuity
and reliability of services provided by them.
9. Providing framework for non-discriminatory open
access to the Dedicated Freight Corridor (DFC)
infrastructure and others in future.
10. Suggesting measures to absorb new technologies
for achieving desired efficiency and performance
standards.
11. Suggesting
measures
for
human
resource
development to achieve any of its stated
objectives.
Sector.
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