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Blog Entry# 1950257
Posted: Aug 03 2016 (09:01)

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Last Response: Aug 03 2016 (09:01)
Rail News
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Commentary/Human Interest
Aug 03 2016 (07:11)   'Railways’ contract system needs overhaul'
 

Rang De Basanti^   138872 news posts
Entry# 1950257   News Entry# 275763         Tags   Past Edits
The contract system of the Indian Railways needs an overhaul coupled with the need for greater transparency from the industry, top Railway Board officials said on...

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Aug 03 2016 (09:01)
I.R.needrejuvenation~
I.R.needrejuvenation~   1946 blog posts
Re# 1950257-1              
Today cost per km of new line is estimated at Rs 10 crores/annum where as about 10 years back it used to be in the range of 1-1.5 Crore Rs/KM. The cost of steel & cement has increased at much slower rates.
Design speed of BG track is usually 160 kmph and new track is seldom found fit above 110 kmph.
Almost all (barring a few) projects are completed with much delay and cost overrun.
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more...
The efficacy of the contract system as well as the whole project management system including the approval, allocation of funds & implementation need a total overhaul with a holistic view, so that the quality of construction, timely commissioning & financial performance thereafter is ensured, much to the benefit of IRlys/ people/ national economy.

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