Railways has set up two new directorates to enhance revenue and increase train speed considerably as part the public transporter's vision of reorganising the Railway Board along business lines.
Railways has constituted a new directorate named as Non-Fare Revenue Directorate (NFR) to increase revenue by 10 per cent to 20 per cent from non-tariff sources like advertising and commercial exploitation of vacant rail land.
The public transporter has also set up another directorate to focus on areas like speed enhancement as part of the Mission Raftaar announced in the budget.
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Both the directorates were announced in the budget by Railway Minister Suresh Prabhu.