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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The railway ministry commiittee in September constituted this eight-member committee for the mobilization of resources for major railway projects and restructuring of railways under then railway minister D.

SECC data collected in still lying unused 2 Sep, Several members of All-India Railwaymen’s Federation, across the country today wore black badges in protest against the recommendations of Debroy Committee. Corporatization of railway board and decentralization.

Debroy committee suggests corporatization of Railways – Livemint

As part of its annual exercise to shed excess baggage, the board reviews the strength of its workforce in its 17 zones in view of changes in technology, working system and redundancies. Sadananda Gowdawho felt that the railway board had become unwieldy because of overlapping roles of policy formulation and implementation. Crude oil prices to direct sugar prices in A Law Commission report th recommended simultaneous elections to Lok Sabha and state legislative assemblies in Debroy panel submits report to Railways 31 Mar, Measures suggested include tapping multilateral funding agencies, take out financing by long-term funds, a long-term bullet bond or a zero-coupon bond and joint ventures with state governments for suburban rail.

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.


Bibek Debroy Committee Recommendations

It further recommends financial assistance from state governments to the railways for uneconomic branch lines and suburban passenger services or joint ventures with state governments for suburban rail, some of which are non-remunerative and of social value to the people.

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.

Dec 31, The report also underlines the need for railways to refine it accounting practices. 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 cebroy.

The committee proposes to set up clmmittee investment advisory committee that will include experts, investment bankers and representatives of Sebi, RBI, IDFC and other institutions. Own a car, fridge or AC? The earlier order of delegation of powers to DRMs was issued to end the archaic departmentalisati Have you read these stories? Xommittee committee in its interim report has also suggested rationalisation of zones and divisions; decentralisation of power to general managers and DRMs.

Debroy Committee: Latest News & Videos, Photos about Debroy Committee | The Economic Times

It suggests separation of rail track from rolling stock with two independent organizations responsible for these. AIRF has maintained that the system will be destroyed if corporate houses are allowed to run train services as they will charge airlines-like erratic fare reporh to benefit the business houses.

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. ET EnergyWorld A one stop platform that caters to the pulse of the pulsating energy. Commkttee board goes back on decentralisation The earlier order of delegation of powers to DRMs was issued to end the archaic departmentalisati It recommends a cleaner bearing of the subsidy burden for national projects commttee a cost-sharing basis between the union government and state governments on the one side and Indian Railways on the other.



A NITI report specifies who will be included in the list of beneficiaries based on the parameters set for residential, occupational and social deprivation. Importantly, the committee has suggested the formation of a railway infrastructure company in the form of a special purpose vehicle reort will own the railway infrastructure be created.

From encouraging private players to eliminating the Railway Budget altogether, the report dwells on all that ails the national transporter. Jaitley said Centre had lowered the fiscal deficit and kept inflation and CAD under check.

The larger thrust of the recommendations is to make the railways attractive for private sector participation. You will get no welfare scheme benefits 7 Aug, 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. CSR Compendium Touching lives of many.

There are fewer calendars these days but the earlier ones helped fashion modern Indian visual culture. The Debroy committee seeks a reallocation of the social cost and to reduce its burden on the cash-strapped transporter.

Indian Railways commmittee target to get rid of more than 11, redundant posts this fiscal 12 Jun, TomorrowMakers Let’s get smarter about money.