! ||User Charges at Railway stations
Passenger user charges on redeveloped, modern railway stations will be market-driven, a senior official of the Indian Railways Station Development Corporation (IRSDC) said on Tuesday.
Earlier, the Railways had said that private players who redevelop these stations will levy airport-like fee, included in ticket fares, on passengers for these stations which will be included in ticket fares.
These charges, they had said, will depend on footfall at stations.
Expenses can go up and even deflation can happen. So charges cannot be cast in stone. If we are giving a station to someone for 60 years, the charges have to be in tune with market realities. Tomorrow if there is deflation, then charges can come down also, he told a press conference.
¨User charges have been agreed upon and the process to notify it by the ministry is on. There is a certainty of revenue from user charges. Whether it is airports or highways, the user charges are a very big component. In fact 99 percent of the project cost is funded by it, he said.
In the Railways, he said, the user charges will be less compared to airports given the reality of passenger profile.
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! ||User Charges at Railway stations Passenger user charges on redeveloped, modern railway stations will be market-driven, a senior official of the Indian Railways Station Development Corporation (IRSDC) said on Tuesday. Earlier, the Railways had said that private players who redevelop these stations will levy airport-like fee, included in ticket fares, on passengers for these stations which will be included in ticket fares. These charges, they had said, will depend on footfall at stations. Expenses can go up and even deflation can happen. So charges cannot be cast in stone. If we are giving a station to someone for 60 years, the charges have to be in tune with market realities. Tomorrow if there is deflation, then charges can come down also, he told a press conference. ¨User charges have been agreed upon and the process to notify it by the ministry is on. There is a certainty of revenue from user charges. Whether it is airports or highways, the user charges are a very big component. In fact 99 percent of the project cost is funded by it, he said. In the Railways, he said, the user charges will be less compared to airports given the reality of passenger profile.