Disclaimer   
Forum Super Search
 ♦ 
×
HashTag:
Member:
Posting Date From:
Posting Date To:
Train Type:
Train:
Station:
ONLY with Pic/Vid:
Sort by: Date:     Word Count:     Popularity:     
Public:    Pvt: Monitor:    RailFan Club:    

Search
  Go  
Full Site Search
  Search  
 
Sun Feb 26, 2017 11:22:55 ISTHomeTrainsΣChainsAtlasPNRForumGalleryNewsFAQTripsLoginFeedback
Sun Feb 26, 2017 11:22:55 IST

Blog Entry# 2096045  
Posted: Dec 19 2016 (11:07)

1 Responses
Last Response: Dec 19 2016 (11:07)
  
Rail News
0 Followers
427 views
Commentary/Human Interest
Dec 19 2016 (08:58)   Railways plans separate agency for fare changes

RAVI PRAJAPATI*^~   927 news posts
Entry# 2096045   News Entry# 289055         Tags   Past Edits
NEW DELHI: The railway ministry will soon seek Cabinet approval for setting up an independent agency to recommend passenger and freight fares, a move that could depoliticise the thorny matter of revising rates.
According to a top official, the proposal will be sent to the Cabinet this week and approval could come as early as next week. Once approved, this will count as the second most important step, after the merger of the rail budget with the Union Budget, toward reforming the national transporter that’s been losing Rs 33,000 crore every year in passenger fare subsidies.
The
...
more...
proposed Railway Development Authority of India will consist of a chairman and four members independent of the railways. The ministry has already received comments from various ministries and the Niti Aayog.
The official said Railway Minister Suresh Prabhu has already discussed the proposal with Prime Minister Narendra Modi and top officials in the Prime Minister’s Office and they were supportive of such an agency.
“The proposed authority would be free to recommend fares and freight rates. It would rationalise the entire fare structure for the railways. It would be a big transformational change for the organisation. We will keep rationalising fare as per the market demand,” Prabhu recently told ET.
Railways plans separate agency for fare changesRailways plans separate agency for fare changes - Image
According to the official quoted above, the original proposal to set up a regulator that decides fares has for now been diluted to an authority that only recommends their revision. “Through this route we won’t require parliamentary approval and a regulator could be set up without any delay through the Cabinet clearance,” the official said.
The proposed body will also set performance standards for Indian Railways.
“It would be a great move as on one end we will be able to revise passenger fares in a timebound manner but it would also end the monopolistic view railways has taken in deciding freight rates over the years, which has led to a lot of loss in freight traffic,” the official added.
In recent years, the railways has been increasing freight rates to compensate for losses on passenger traffic.
“Our freight rates are much more than several European countries and China,” the official said. “Because of this we have lost a lot of traffic to roads as price differences has reduced. The proposed body will recommend freight rates considering the competition we have from roadways and inland waterways.”

  
1148 views
Dec 19 2016 (11:07)
srinivasvasanthi   3633 blog posts   13 correct pred (50% accurate)
Re# 2096045-1            Tags   Past Edits
Any Reform means increases in fares only in our India with unwanted facilities.

ARP (Advanced Reservation Period) Calculator

Reservations Open Today @ 8am for:
Trains with ARP 10 Dep on: Wed Mar 8
Trains with ARP 15 Dep on: Mon Mar 13
Trains with ARP 30 Dep on: Tue Mar 28
Trains with ARP 120 Dep on: Mon Jun 26

  
  

Rail News

New Trains

Site Announcements

  • Entry# 2175399
    Feb 23 (01:22PM)


    There has recently been a lot of frustration among RFs when their Station Pics, Loco Pics, Train Pics get rejected because the "number is not showing", "shed is not visible", the loco/train is at a distance, Train Board is too small, "better pic available", etc. . To address this issue, effective tomorrow, ALL...
  • Entry# 2165159
    Feb 15 (09:53AM)


    A minor update, but may impact many members: Hereafter, FMs will be able to delete invalid Red Flags on Imaginary trains. Red Flags can be removed by FMs, only against specific complaints filed against the blog. This does not give all members the right to complain against EVERY single red flag they...
  • Entry# 2155798
    Feb 08 (11:40AM)


    -@all members: As of recently, there has been a trend whereby minor name updates of Trains/Stations - whether such and such regional name should be there or not, whether the train should be called "Abc Express" or "Abc Superfast Express", etc. are threatening to take over the majority of Timeline entries. Also,...
  • Entry# 2147631
    Feb 01 (11:05AM)


    A new experimental feature is being introduced called BotD - "Blog of the Day". The rules are: . 1. Replies are not eligible - only the Top Blog. 2. ONLY Blogs posted today (the day of the vote) are eligible. 3. Every member has ONE vote. In the course of the day, you may keep...
  • Entry# 2136570
    Jan 23 2017 (12:25AM)


    Several new features have been introduced recently to the Forum, and we are forever striving to make Member experience here more productive and satisfying. With the recent introduction and success of the new FM System, it has been observed that small groups of highly involved and enthusiastic members are far more...
  • Entry# 2134907
    Jan 21 2017 (02:46PM)


    It has been over 2 weeks since the appointment of the current batch of FMs and 750 Complaints have been handled so far. It gives me immense pleasure in congratulating them for running the team diligently, professionally, competently and above all, without a shred of controversy or bias. The FM position...
Scroll to Top
Scroll to Bottom


Go to Mobile site