Cabinet puts off Rail Tariff Authority proposal

Update: 2014-01-16 23:52 GMT
Union Cabinet on Wednesday put off a proposal to constitute a Rail Tariff Authority (RTA) which is meant to advise the Railway Ministry on fares, an important reform measure for the cash-strapped public transport system.

Sources said the proposal could not be taken up as Railway Minister Mallikarjun Kharge was not present in the Cabinet meeting.

A close aide of Kharge said the Minister could not attend the meeting as he is out of town and will be reaching here this evening. The Cabinet meeting was to take place in the evening but it was rescheduled for the morning because of which he could not attend.

The RTA, seen to be a major reform proposal, is crucial for the cash-strapped railways as it will recommend fare revision from time to time taking into account input cost and volatile market condition.

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