Relevance: Prelims: Economy
Why in news?
- To make the business of running trains more viable for private operators in the future, the government has decided to delink the cost of energy consumed by the private trains from the overall haulage charges payable to Railways.
About:
- Haulage charge is the money private players will have to pay to Railways, on a per-km basis, for using its infrastructure in operating the trains – track, signaling, associated manpower and the like.
Key highlights:
- It has been decided that if the private players – who will be running 150 trains on 100 identified routes – bring in modern trains that are in vogue across the world that display the actual amount of energy consumed.
- A feature not reliably available in Indian train systems.
- The haulage charge will come down to around Rs 512 per km, much below the Rs 668 per km that has been set for the private companies.
- The Rs-668 per km figure includes the energy cost as well.
- However, policymakers have decided that delinking energy cost leaves a leeway for the private player to bring in energy-efficient trainsets. And it could be different for each player depending on the type of rolling stock being used.
- In addition, the Empowered Group of Secretaries under NITI Aayog CEO Amitabh Kant has decided to “define” item-wise what non-fare revenue would include for the private players.
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