New rail regulator to decide on tariff, ease investment process
Thursday, April 6, 2017, 7:35 AM
The Cabinet on Wednesday initiated a major reform by approving the setting up of a regulator called the Rail Development Authority. According to the plan, the RDA is likely to be functional by August 1. The regulator will decide on tariffs, ensure fair play and a level playing field for stakeholder investment in the railways, set up efficiency and performance standards and disseminate information.