GRDA
Established under the Railway Act 2008, Act 779 passedbyParliament on 14th November, 2008. Received PresidentialAssent on 6 January, 2009

The objects of the Authority are to:

promote the development of railways and railway services
hold, administer and improve the Railway Assets.
promote the development and management of suburban railway.

FUNCTIONS OF GRDA
To achieve the objects the Authority shall

1.implement and ensure compliance with Part Two of this Act

2.grant licenses,concessions,and leases which arenecessary for the operation of railways and railway services and perform other related functions including the keeping of a register of railway.

Operations

Licensees, and

Sub-licensees

3.exercise ownership rights over assets that are transferred to the Authority from Railway assets

4.set and enforce safety and security standards for the construction and operation of railways in accordance with this Act,

5.regulate and monitor the activities of licensees,concessionaires and operators of railway,

6.initiate,conduct,promote and encourage studies necessary for the growth and development of railways including the development of master plans in accordance with the Schedule tothis Act and set standards

7. oversee the...