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.
|Published (Last):||11 August 2014|
|PDF File Size:||7.14 Mb|
|ePub File Size:||20.82 Mb|
|Price:||Free* [*Free Regsitration Required]|
Have you read these stories?
Rail union to observe ‘black day’ against Bibek Debroy committee report 12 Jun, 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, finance and PPP, and infrastructure and two independent experts. Jaitley said Centre had lowered the fiscal deficit and kept inflation and CAD under check.
All News Videos Photos. You will get no welfare scheme benefits 7 Aug, Importantly, the committee has suggested the formation of a railway infrastructure company in the form of a special purpose vehicle that will own the railway infrastructure be created.
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.
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.
It recommends a cleaner bearing of the subsidy burden for national projects on a cost-sharing basis between the union government and state governments on the one side and Indian Railways on the other.
TomorrowMakers Let’s get smarter about money.
Corporatization of railway board and decentralization. The larger thrust of the recommendations is to make the railways attractive for private sector participation. From encouraging private players to eliminating the Railway Budget altogether, the report dwells on all that ails the national transporter.
GST likely to have 3-rate structure in future: 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.
Indian Railways sets target to get rid of more than 11, redundant posts this fiscal 12 Jun, Own a car, fridge or AC? 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.
The report also underlines the need for railways to refine it accounting practices.
Bibek Debroy Committee Recommendations
Railway unions trash Bibek Debroy panel’s recommendations 25 May, The earlier order of delegation of powers to DRMs was issued to end the archaic departmentalisati Railwaymen’s black badge protest against Debroy report 30 Jun, 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 bond and joint ventures with state governments for suburban rail.
Bibek Debroy Railways Suresh Prabhu policy making regulation. The committee recommends that the railway board function like a corporate board for railways.
dwbroy Cooperative federalism, social cost accounting. National Entrepreneurship Awards It suggests separation of rail track from rolling stock with two independent organizations responsible for these.
Debroy committee suggests corporatization of Railways – Livemint
Dec 31, ET EnergyWorld A one stop platform that caters to the pulse of the pulsating energy. 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. Suggesting decentralization of decision-making powers it says the head of each debrou general manager must be fully committee to take all necessary decisions without reference to the railway board.
Debroy panel submits report to Railways 31 Mar, 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.