Rail Tariff Authority

The Rail Tariff Authority is a regulatory body that oversees and approves the rates and charges for freight and passenger services offered by rail operators. Its main goal is to ensure fair, transparent, and reasonable pricing, preventing how rates are set from being arbitrary or monopolistic. By establishing guidelines and resolving disputes, the Authority helps balance the interests of railway companies and customers, promoting efficient and equitable railway services. Think of it as an impartial referee that maintains fair play in the pricing of rail transportation.