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| Type | NFR Policy |
|---|---|
| Topic | nfr-eauction |
letting shall not be permitted Tender / Bid should be open for a period of 45 days from the date of
NFR - Non-Fare Revenue Relationship between NFR and Sundry Earnings ● Part of Sundry Earnings Sundry Earnings – A few examples 1. Rent & tolls incl res buildings, retiring rooms. rest houses outsides, quasi rly institutions 2. Lease of land-bldg, other purposes, dev of rly land, leasing of bldg space, air space, optic fiber, way leave the facility, parking lots, lease/licensing of commercial & engineering plots, interest and maintenance charges for private sidings. 3. Catering-dining cars, departmental, ines & license fees, IRCTC haulage of pantry cars 4. Deposit works-outsiders in workshop 5. Sales-unclaimed and damaged goods, grass, jatropha trees, scrap 6. Miscellaneous-diet, RELHS (Railway Employees Liberalised Health Scheme, other sundry, residual value of laptops & slates, notebooks, guarantee fee from PSU, Fees from recruitment cell 7. Refunds from rent & tolls, other sundry deposit 8. NFR - Advertisements through hoarding and sign display boards painting on coaches 9. NFR -Advertisements through -internet and booking sites- 10.NFR - Advertisement on Rolling Stock, Railway Bridges, Circulating area of Stations, inside the Stations & Other Assets 11. NFR - Setting up of ATMs and other stalls at Railway Stations 12.NFR - Content on Demand - Digital Content on Trains and Platforms 13.NFR - NINFRIS 14.NFR - infotainment systems 15.NFR -Any other innovative ideas Nageswara Rao 9492432160 www.appendix3exam.com www.mcqrailways.com/mcq ● Non-Fare Revenue - the term exclusively used in the Transportation sector. Fare is the main component of Revenue in Transportation. So other than Fare, all revenue-generation activities come under NFR. ● NFR - Income from various sources excluding Passenger & Goods Earnings ● NFR - That accrues from sources that do not have a fixed tariff table (like Coaching and Goods) and are decided by the market conditions. ● The Non-Fare Revenue, though will contribute only a minuscule amount as compared to passenger and freight but requires no investments and returns have no gestation period. They are instant ● Concept – 2010-11 year ● “To improve is to change, to be perfect is to change” By Winston Churchill ● The above maxim is perfectly suited to Indian Railways in the case of NFR. ● NFR - Different policies by Railway Board 1. OOH - Out Of Home - Railway estate areas & Outside Railway Stations 2. Mobile Assets - Display in interiors & exterior of Coaches (Vinyl wrapping), Freight wagons (Vinyl wrapping / P.U paint), and Locomotives (P.U paint). 3. RDN - Rail Display Network - Advertisements through digital screens at Stations 4. Unsolicited NFR proposals - Proposals received from proponents like Similar to Swiss Challenge Method 5. NI -NFR-IS - New, Innovative Non-Fare Revenue Ideas Scheme ● NFR Directorate – 2016 year ● A cross-functional Directorate with Engineering and Commercial Officers - Aim is increasing the NFR. ● NFR policy switched from Centralized governance (Railway Board) to Decentralizing (Divisions) in the year 2018 Nageswara Rao 9492432160 www.appendix3exam.com www.mcqrailways.com/mcq ● The earnings contracts period is reduced: to 3 to 5 years ( Previous - 5 to 10 years). ● Trains will be allotted without tendering system to Central & State Government Departments and Agencies including PSUs for advertising on the exteriors of various Trains. ● Rs. 25 Lakhs - Per year - Rake for Local Trains / Short distance Trains like EMU, MEMU & DEMU. ● Rs. 50 Lakhs - Per year - Rake for other Coaching Trains (Express ) ● Telangana Express allotted to M/s Singareni Collieries Corporation Limited on Lumpsum rates @ Rs 50 Lakhs per annum. FY 2023-24 Railway Budget - Analysis SN Receipts Amount (Rs. in Crores) Percentage SN Expenditure Amount (Rs. in Crores) Percentag e 1 Coaching Revenue 77000 29 % 1 Ordinary Working Expenses 188886.85 72 % 2 Goods Revenue 179500 68 % 2 Appropriation to Pension Fund 70516 27 % 3 Sundry Revenue 8000 3 % 3 Appropriation to DRF 1000 1 % Nageswara Rao 9492432160 www.appe
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