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Important Facts For Prelims

Railway Development Authority

  • 14 Mar 2020
  • 1 min read
  • Government approved the constitution of the Rail Development Authority (RDA) in April, 2017. The role/mandate of RDA inter-alia includes providing expert advice to Government to make informed decision on:-
    • Pricing of services commensurate with costs;
    • Measures for enhancement of non-fare Revenue;
    • Protection of consumer interests, by ensuring quality of service and cost optimization;
    • Promoting competition, efficiency and economy;
    • Creating positive environment for investment;
    • Providing framework for non-discriminatory open access to the Dedicated Freight Corridor (DFC) infrastructure and others in future;
    • Suggesting measures to absorb new technologies for achieving desired efficiency and performance standards;
    • Suggesting measures for human resource development to achieve any of its stated objectives, etc.

Source: PIB

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