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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DoPT clears commityee for tariff regulatory body for railways 30 Aug, A NITI debriy specifies who will be included in the list of beneficiaries based on the parameters set for residential, occupational and social deprivation. The larger thrust of the recommendations is to make the railways attractive for private sector participation. The Debroy committee seeks a reallocation of the social cost and to reduce its burden on the cash-strapped transporter. The railway ministry had in September constituted this eight-member committe for the mobilization of resources for major railway projects and restructuring of railways under then railway minister D.
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 only to benefit the business houses.
From encouraging private players to eliminating the Debryo Budget altogether, the report dwells on all that ails the national transporter. 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.
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You will get no welfare scheme benefits 7 Aug, 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.
You won’t be able to use WhatsApp on these devices in 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.
Railway board goes back on decentralisation The earlier order of delegation of powers to DRMs was issued to end the archaic departmentalisati Crude oil prices to direct sugar prices in Sadananda Gowdawho felt that the railway board had become unwieldy because of overlapping roles of policy formulation and implementation.
Bibek Debroy Committee Recommendations – General Knowledge Today
Own a car, fridge or AC? GST likely to have 3-rate structure in future: 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. 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 committee proposes to set up an investment advisory committee that will include experts, investment bankers and representatives of Sebi, RBI, IDFC and other institutions.
This is crucial for providing a level-playing field to the private sector which has been reluctant to enter this sector. Have you read these stories? SECC data collected in still lying unused 2 Sep, 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.
Railwaymen’s black badge protest against Debroy report 30 Jun, A shift of regulatory committes 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.
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. Importantly, the committee has suggested the formation of degroy railway infrastructure company in the form of a special purpose vehicle that will own the railway infrastructure be created.
Indian Railways sets target to get rid of more than 11, redundant posts this fiscal 12 Jun, Most measures for tapping alternative sources of funding are already under active consideration of the ministry of railways. Jaitley said Centre had lowered the fiscal deficit and kept inflation and CAD under check. Bibek Debroy Railways Suresh Prabhu commityee making regulation.
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.
Vodafone Business Services Digilogue – Your guide to digitally transforming your business. CSR Compendium Touching lives of many. Dec 31, Rail union to observe ‘black day’ against Bibek Debroy committee report 12 Jun, Railway unions trash Bibek Debroy panel’s recommendations 25 May, 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.
The committee makes two other recommendations: 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. Cooperative federalism, social cost accounting.