What is Bibek Debroy committee UPSC?
The committee chaired by Sh. Bibek Debroy had inter-alia recommended Concessioning of commercial operation of train service like Rajdhani/Shatabdi to private parties. Railways have planned to introduce 150 passenger trains through private operators in PPP mode. (CONCOR) are having license to run the container trains.
Which committee recommended the formation of Railway Board?
History. In 1901, on the recommendations of Sir Thomas Robertson Committee regarding the administration and working of the railways, an early version of the railway board was constituted.
Which committee recommended discontinuing the convention of separate Railway Budget?
NEW DELHI: The government merged Railway Budget with Union Budget in the year 2017, putting an end to a practice that started in 1924. The step to discard the British-era practice came after a committee comprising Bibek Debroy and Kishore Desai recommended the exercise be scrapped.
Why is India Privatised?
Description: Privatization is considered to bring more efficiency and objectivity to the company, something that a government company is not concerned about. India went for privatization in the historic reforms budget of 1991, also known as ‘New Economic Policy or LPG policy’.
Who is the first CEO of Railway Board?
Chairmen Railway Board, 1951–present
| S. No. | Name | From |
|---|---|---|
| 1 | FC Badhwar | 01.04.1951 |
| 2 | G Pande | 01.10.1954 |
| 3 | PC Mukherjee | 01.01.1957 |
| 4 | KB Mathur | 30.06.1959 |
Who owned Tejas train?
IRCTC
The two Tejas Express services are the first set of trains run by a corporate entity, IRCTC, a subsidiary of the Indian Railways.
Who introduced first rail budget in India?
John Matthai
John Matthai presented the first Railway Budget for independent India on 20th November 1947 which was interim Railway Budget and only after 3 months he presented his second Railway Budget on 24th February 1948 where revised estimates showed a fall in earnings of about 8 crores rupees as compared with the budget …