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New rail regulator to decide on tariff, ease investment process

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.
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