Railway Accounts Department Examinations

Showing posts with label OLWR. Show all posts
Showing posts with label OLWR. Show all posts

Saturday, September 1, 2018

OLWR - No more a Source of Finance in Indian Railways


  • Board(FC) has approved abolition of Allocation Head - OLWR - Open Line Works (Revenue). 
  • Existing work if any under OLWR, the same may be transferred to DRF or DF as the case may be.
  • As Such there is no allotment of Grant under OLWR in Demand NO.16 from the year 2015-16 onwards.

  • Necessary correction slip to the Accounts Code will be issued on receipt of approval from CGA - Controller General of Accounts and C&AG- Comptroller and Auditor General of India. 
  • Reason: Insignificant expenditure under OLWR in Annual Plan of Works Expenditure.  For example in the year 2013-14 -  Rs.28 Crores expenditure under OLWR against huge Budget under Demand No. 16 (approximately around 63,000 Crores)
      Click here for the Railway Board letter on the above subject