Hon. MR's meeting with IRAS officers posted in Board's office

At the initiative of the new FC, Shri S.Murali, a meeting of all the IRAS officers posted in Board's office with Hon. MR was arranged on 13th August 2001.

At the outset, all the officers introduced themselves to Hon. MR and gave a brief account of the work being handled by them.

After brief speeches by FC, AM(Bud) and Adv(Fin), FC requested Hon. MR to say a few words.

During his speech, Hon. MR made the following main points:
(a) All proposals received in Finance should be examined on merits, but there should not be any undue delay in dealing with the proposals.
(b) There should be no leakage of revenue. The sources of leakage should be identified and plugged.
(c) A lot of tenders are being finalised at Board's level. Board's main work should be of policy formulation. Areas for decentralization should be identified.
(d) In view of Railway's present financial position, our main thrust should be on reducing expenditure and increasing earnings.
(e) Rakesh Mohan Committee has submitted its report. However, the recommendations of the Committee have to be examined with caution. Although changes in the system are required, but no decision should be taken in haste. Reforms should be in stages, step by step. There is need to have a workshop/seminar to discuss the recommendations of the Committee.
(f) Apart from the regular Railway employees, a large number of people are dependent indirectly on the Railways. As such, Railways' survival is extremely crucial.

After Hon. MR's address, there was a lively discussion on the various problems facing the Railways, the likely solutions and the specific role of Finance in these matters.

The meeting ended with a vote of thanks to Hon. MR.

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