PM Manmohan Singh has stepped in to accelerate the much-awaited reforms in railways, which has been neglected for many years.The PMO has set deadlines for railways’ top brass to set up independent tariff regulator and implement pending projects within a time frame. Singh has asked an interministerial group, headed by chairman of Railway Board, to finalize the proposal for setting up a Rail Tariff Authority by December 31.
The regulator will suggest rationalization of passenger fares, which have not been touched for the past nine years. The PMO has sought to expedite the setting up of the regulator, directing the transporter to move a Cabinet note by January 15, 2013.
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