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NEW POLICY INITIATIVES BY RAILWAYS
Image Credit : s3 . india . com
A number of new policy initiatives by Railways have been introduced since last few years .
The details of these initiatives are as under : -
• FDI in Railways : The proposal has been cleared by Government for allowing 100 per cent FDI in Railway infrastructure , apart from operations , through automatic route .
• High-speed bullet trains : Railways has announced a Bullet Train between Ahmedabad and Mumbai with MOU between Railways and Japan .
Policy initiatives for freight trains : -
1 . Long term tariff contract ( LTTC ) with key freight customers at predetermined price escalation principals .
2 . For the first time ever in Indian Railways , freight rates were reduced .
3 . Port congestion charges dropped . 4 . Busy season surcharge dropped .
5 . |
Dual pricing policy of iron withdrawn . |
6 . |
Multi point loading introduced . |
7 . Siding policy liberalised .
8 . Automatic freight rebate scheme in traditional empty flow direction introduced .
9 . Time tabled freight services introduced . 10 . Container sector opened up for more commodities . 11 . Goods terminals opened up for handling containers .
12 . Last mile connectivity through Roadrailers , Roll on Roll Offs Appointed Key Customer Managers to serve as single point of contact for all major freight customers .
13 . Structured dialogue between Railways and Customers christened ‘ Samvad ’ started .
14 . Electronic registration of Demand and Electronic transmission of Railway Receipts started .
15 . Railway land leased out for horticulture and plantation of trees
16 . Discharge free Railways – bio-toilets in all coaches .