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Rlys tariff regulator to be set up soon

Last Updated 26 December 2012, 18:38 IST

The Railway Ministry is likely to take a decision soon to set up a Rail Tariff Regulatory Authority (RTRA) to suggest tariff hike in passenger and freight fare, the government said here 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 and augmenting the capacity too.

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(Published 26 December 2012, 18:38 IST)

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