Rail Development Authority: Important Topics for UPSC Exams

Rail Development Authority:Important Topics for UPSC Exams

Rail Development Authority

• Ministry of Railways had brought out a concept paper for public consultation on setting up of Rail Development Authority of India. Based on inputs received from stakeholders, a proposal for setting up of RDA has been approved by Government.
• Some of the aims and objectives of Rail Development Authority are:
• pricing of services commensurate with costs;
• enhancement of Non Fare Revenue;
• protection of consumer interests by ensuring quality of service and cost optimization;
• competition, efficiency and economy;
• market development;
• creation of positive environment of investment;
• benchmarking of service standards against international norms;
• providing framework for non-discriminatory open access to Dedicated Freight Corridor (DFC);
• Absorption of new technologies for achieving efficiency and performance standards;
  and human resource development to achieve any of its stated objectives.
• It is envisaged that RDA comprising a Chairman and three Members shall make recommendations to Government for appropriate consideration/decision.

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