Train operations to be audited for more transparency: RM

India Infoline News Service | Mumbai | February 26, 2015 15:07 IST

Railways proposes to have the train operations audited with a view to increasing productivity and bringing in transparency, Railway Minister Suresh Prabhu says

Union Railway Minister Suresh Prabhu said, “Railways intends to set up a working group to modify the present system of accounting, to ensure tracking of expenditure to desired outcomes.”

Introducing the Railway Budget for 2015-16 in Parliament today, Prabhu said, “Railways have limited resources and thus must ensure that all public expenditure results in an optimal outcome.”

The data on costing would be available online including costs incurred on constructing, augmenting, maintaining and operating railway lines. This would also help in undertaking post commissioning evaluation studies.

He informed the members that Railways proposes to have the train operations audited with a view to increasing productivity and bringing in transparency.

Railways is also proposing to expand paperless working in our material management system. In line with focus on ease of doing business, it will digitally integrate our vendors through Vendor Interface Management System to provide single window interface to vendors.

 

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