Government Policies Current Affairs

Railway Ministry launches two liberalised Policies

The Union Railway Ministry has launched two policies related to Parcel Cargo Train Express and Parcel Leasing. They were launched by Union Railway Minister Suresh Prabhu.

They are Liberalised Comprehensive Parcel Leasing Policy (CPLP) and Liberalised policy on Parcel Cargo Express Trains (PCET).

These policies were launched as part of 2016-17 Rail Budget announcements to make the policies related to Parcel Leasing and Parcel Cargo Express more liberalized and customer friendly.

Key Facts

  • Liberalised Comprehensive Parcel Leasing Policy (CPLP): Under it the duration of parcel leasing scheme has been increased to 5 years from 3 years.
  • It seeks to insulate parcel from budgetary hike by providing assured leased rates with fixed escalation at 10 per cent from 4th year.
  • It also opts for realistic assessment of bids and delegates powers to Zonal railways to fix the reserve price downwardly.
  • Liberalised policy on Parcel Cargo Express Trains (PCET): Under it duration of contract has been increased to 6 years from 3 years.
  • In order to insulate PCET from budgetary hike it provides for assured leased rates with fixed escalation at 10% from fourth year. It also opts for realistic assessment of bids.
  • The minimum composition of PCET has been reduced to 15 vans for first 6 months of the contract period in order to give time to the leaseholder in the initial stage to develop business.

Besides, Railway Minister also flagged off an inaugural time-tabled container train named ‘Cargo Express’ between Domestic Container Terminal (Okhla) and Whitefield (Bengaluru). He also launched an integrated social media platform (Facebook and Twitter) for redressal of grievances of railway passengers.


Union Government announces new Print Media Advertisement policy

The Union Information and Broadcasting ministry has framed a New Print Media Advertisement Policy for Directorate of Advertising and Visual Publicity (DAVP).

The objective of the policy is to promote transparency and accountability in issuing of advertisements in print media.

Key highlights of policy

  • It focuses on streamlining release of Government advertisements and to also promote equity and fairness among various categories of newspapers and periodicals.
  • For the first time it has introduced a New Marking System for newspapers to incentivize Newspapers. The system is based on 6 objective criteria with different marks each of them.
  • The newspapers will be able get benefit from new system who have better professional standing and get their circulation verified Audit Bureau of Circulations (ABC) or Registrar of Newspapers for India (RNI).
  • DAVP will release advertisements to newspapers based on marks obtained by each newspaper.
  • This will also ensure transparency and accountability in the release of advertisements by DAVP.
  • For payment and adjustment of Bills, it mandates that DAVP will release payment of advertisement bills in the name of newspaper or company account directly through ECS or NEFT.
  • The policy has classified newspaper and journals into three categories namely (i) small: publishing upto 25,000 copies per day, (ii) medium: between 25,001 and 75,000 copies and (iii) Big: 75,000 copies or more.

DAVP: It is the nodal agency of the Union Government for advertising on behalf of various Ministries and Departments which are funded by the government.