The setting up of a Rail Tariff Authority to regulate fares will subject the cash strapped Indian Railways to demand subsidy for obligation to operate non-profitable routes and services. Taking into account the experience in the power sector, discuss if the proposed reform is expected to benefit the consumers, the Indian Railways or the private container operators.

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Paper:: GS-2
Section:: 2. Statutory, Regulatory and various Quasi-judicial Bodies.
Year:: 2014
Marks:: 12.5
Question No:: 3
Topic:: Regulatory bodies(Rail Tariff Authority)

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