Private companies can run a private train on the railway network for the waiver of their goods. So they will have to charge the use of a railway track.
Track access charges will determine the Railway Development Authority. Railway Development Authority will frame models, rules and principals for tariff assessment and recommend proposed tariff. Also, in respect of commodity classification, the decision will be made by the Authority. The main activities of the development authority are to promote private investment in railways. Therefore a member will be appointed in the Authority. This member will prepare such recommendations which will increase the private investment in the railways. They will also create such a safe environment for private investors.RC Acharya, former member of the Railway Board, said that in the UK, a decade ago, the privatization of the first railway was done in England. Here the private sector has made profits and the public has to pay bills. Before implementing this plan in India, you must study England’s plan before it is implemented.
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