The current restructuring will be a zero-cost exercise and money will be saved by surrendering posts in the board and stopping duplication of work
The government on Wednesday cleared the restructuring of the Railway Board to move to a corporate model, and the appointment of Vinod Kumar Yadav as the first chairman and chief executive officer (CEO) of the board.
Yadav is currently the chairman of the Railway Board. The Union Cabinet had in December 2019 cleared a proposal for restructuring of the board through a leaner structure on functional lines headed by the chairman and four members — covering infrastructure, operations and business development, rolling stock, and finance. In addition, the board will also include sectoral experts from industry, finance, economics, and management fields. Based on the decision, the chairman will be the cadre-controlling officer responsible for Human resources (HR) with assistance from a director-general (HR).
In addition to the CEO, the government has also appointed the four members — Pradeep Kumar for infrastructure, PC Sharma for traction and rolling stock, PS Mishra for operations and business development, and Manjula Rangarajan for finance. The appointments were cleared by the Appointments Committee of Cabinet (ACC). Earlier, the railway services were organised into various departments like traffic, civil, mechanical, electrical, signal and telecom, stores, personnel, and accounts. These departments are vertically separated from top to bottom and are headed by secretary-level officers called ‘members’ of the Railway Board…Read More
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