The Railways is formulating a policy for clearing encroachments on its land, Railway Minister, Suresh Prabhu said in the Rajya Sabha. The government is making serious efforts to clear encroachments and unauthorised occupation from railway land. The Minister said the Railways was also working on evolving a non-fare revenue policy to increase its revenues. The Minister said in his written reply that Railways have launched several initiatives to augment income from non-fare sources to increase revenue. A new policy has been launched in January 2017 to encourage innovative ideas for revenue generation, he said. He said the policy provides a structured and transparent approach in a time-bound manner. All divisions and zonal railways have been empowered to act under the new policy, he said.
There is also a provision for short-term proposals, which are non-recurring and likely to lead to loss of income if not accepted in a time-bound manner. Mr. Prabhu said the Ministry has issued the policy on content on demand and rail radio in January 2017 to allow monetization of entertainment based services on trains and stations. On its advertising policy, he said the Railways wants to ensure complete transparency for advertising policy and actual users should focus on it.
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