Debroy Committee Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Times. Debroy Committee Blogs, Comments and Archive. NEW DELHI: The Bibek Debroy Committee in its interim report on the Indian Railways recommends sweeping changes in the way the ailing. Debroy Committee Report: Railways on Track for Privatization must turn to private finance, is the Bibek Debroy Committee on the Railways.
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Vodafone Business Services Digilogue – Your guide to digitally transforming your business. Measures suggested include tapping multilateral funding agencies, take out financing by long-term funds, a long-term bullet bond or a zero-coupon repogt and joint ventures with state governments for suburban rail. A committee headed by economist Bibek Debroy has recommended corporatization of the railway board and separation of roles of policy making, regulation and operations suggesting that the ministry of railways be only responsible for policymaking.
The report also underlines the need for railways to debrpy it accounting practices. TomorrowMakers Let’s get smarter about money.
The chairman of the railway board should be like a chief executive officer, it said, and the composition of the railway board should be changed to five members traction and rolling stock, passenger and freight business, human resources and stores, reporg and PPP, and infrastructure and two independent experts. Corporatization of railway board and decentralization.
The committee makes two other recommendations: Dec 31, The earlier order of delegation of powers to DRMs was issued to end the archaic departmentalisati National Entrepreneurship Awards CSR Compendium Touching lives of many. A shift of regulatory responsibility from the government to an independent regulator is required as the private sector will only come in if there is fair and open access to infrastructure, the committee said.
It suggests separation of rail track from rolling stock with two independent organizations responsible for these.
How calendars went from featuring gorgeous women to being just purely functional There are fewer calendars these days but the earlier ones helped fashion modern Indian visual culture. Suggesting decentralization of decision-making powers it says the head of each zone general manager must be fully empowered to take all necessary decisions without reference to the railway board.
All News Videos Photos. Railway unions trash Bibek Debroy panel’s recommendations 25 May, You won’t be able to use WhatsApp on these devices in The larger thrust of the recommendations is to make the railways attractive for private sector participation. Rail union to observe ‘black day’ against Bibek Debroy committee report 12 Jun, Politics aside, one of the major recommendations by the Debroy Committee is to separate the infrastructure of the railways from passenger train and freight operations.
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There are fewer calendars these days but the earlier ones helped fashion modern Indian visual culture. Indian Railways sets target to get rid of more than 11, redundant posts this fiscal 12 Jun, SECC data collected in still lying unused 2 Sep, The Debroy committee seeks a reallocation of the social cost and to reduce its burden on the cash-strapped transporter. The committee proposes to set up an investment advisory committee that will include experts, investment bankers and representatives of Sebi, RBI, IDFC and other institutions.
The committee recommends that the railway board function like a corporate board for railways. ET EnergyWorld A one stop platform that caters to the pulse of the pulsating energy.
You will get no welfare scheme benefits 7 Aug, The rural development ministry proposes to have live data to en sure that there is a central database of who avails of the social welfare benefits. Railwaymen’s black badge protest against Debroy report 30 Jun, Railway board goes back on decentralisation The earlier order of delegation of powers to DRMs was issued to end the archaic departmentalisati The committee in its interim report denroy also suggested rationalisation of zones and divisions; decentralisation of power to general managers and DRMs.
Bibek Debroy Committee Recommendations – General Knowledge Today
From encouraging private players to eliminating the Railway Budget altogether, the report dwells on all that ails the national transporter. Apart from creation of an independent regulator and corportization of the railways, the Debroy committee recommends that the railways move away from non-core activities like production and construction, leaving room for private entry. Most measures for tapping alternative sources of funding commitee already under active consideration of the ministry of railways.
While the need for an independent regulator for determining tariffs has been raised before, the committee proposes the setting up of a Railway Regulatory Authority of India RRAI statutorily, with an independent budget.
Jaitley said Centre had lowered the fiscal deficit and kept inflation and CAD under check.
Debroy panel submits report to Railways 31 Mar, ,