Panel wants railway ministry to create body to regulate fares


Panel wants railway ministry to create body to regulate fares

A parliamentary committee wants the railway ministry to create the body it has long promised to, that will, among other things, regulate fares.

In its latest report, the Railway Convention Committee of Parliament maintained that since the proposed authority is yet to take a final shape, “consideration of suitable subsidy sharing mechanism is yet to begin.”

Parties in power rarely increase passenger fares, irrespective of the carrier’s financial health , given the political ramifications of such a move.

The idea to set up an independent body to suggest fare hikes and other reforms was mooted during the United Progressive Alliance’s (UPA) tenure. Read More

Leave a Reply

Your email address will not be published.