Indian Railways News => Topic started by riteshexpert on Dec 27, 2012 - 21:00:26 PM


Title - Rail Ministry to decide soon on Tariff Authority
Posted by : riteshexpert on Dec 27, 2012 - 21:00:26 PM

Raipur (PTI): The Railway Ministry is likely to take a decision soon to set up Rail Tariff Regulatory Authority (RTRA) to suggest tariff hike in passenger and freight fare, a senior official said on Wednesday. Modalities for such a body (RTRA) including its composition, role and responsibility are being evaluated at an inter-ministerial group, Union Minister of State for Railways Adhir Ranjan Chowdhury told reporters here on Wednesday.

"The Ministry has proposed to set up Railway Tariff Regulatory Authority for regulating inter-alia the tariff structure of the Railways. It is under discussion of inter ministerial group and a decision on it will be taken soon," Chowdhury said.

Meanwhile, the Minister also said that Chhattisgarh, with its rich reserve of iron ore and mineral deposits, will deliver a prominent role in the industrial map of country in future. "Chhattisgarh is popularly known for its mineral reserve, particularly of iron ore and it will play a prominent role in country's industrial map in future," Chowdhury said.

Referring to the mega rail projects ongoing in the state, he said the Centre will help Chhattisgarh in every way to strengthen rail connectivity too, “ he said.