Bibek debroi committee gave recommendations for transformation of Indian Railways. The committee gave its report in 2015. The major recommendations of committee are as follows:
- Transition in the process of making financial statement and books and accounts. It has to be in accordance with the international standards.
- Streamline in the recruitment and HR process. Services should be separated in technical and non technicalservices.
- Focus should be on core areas to efficiently compete with the private sector. Eg Railway school should be merged with kendriya Vidyalaya.
- Decentralisation to the level of DRM or station superident.
- The Committee proposes that all these existing production units should be placed under a government SPV known as the Indian Railway Manufacturing Company (IRMC).
- Private entry into running both freight and passenger trains in competition with Indian railways should be allowed and private participation in various Railway infrastructure services and non-core activities like production and construction, should be encouraged by the Ministry of Railways.
- Shift regulatory responsibility from the government to an independent regulator as the private sector will only come in if there is fair and open access to infrastructure
- The report recommends setting up a Railway Regulatory Authority of India (RRAI) statutorily, with an independent 64 74.6 75.5c-23.5 6.3-42 24.9-48.3 48.6-11.4 42.9-11.4 132.3-11.4 132.3s0 89.4 11.4 132.3c6.3 23.7 24.8 41.5 48.3 47.8C117.2 448 288 448 288 448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z"/> Subscribe on YouTube