ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Getting Back on the Rails

 

Revenue from rail freight traffic is increasingly bearing the burden of the cost of passenger traffic. In a high fixed cost industry like the railways this amplifies the impact of a downturn in freight movement on overall revenue. But will the constitution of a Rail Tariff Authority help the Railway Board implement tariff revisions that will bring some order to the finances of the railways? 

 

The web version of this article corrects a few errors that appeared in the print edition.

The Ministry of Railways is reported to be working on a Rail Tariff A­uthority, which may serve to insulate railway tariffs, particularly passenger fares, from changing and short-term political considerations.

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