Railway Accounts Department Examinations

Showing posts with label Open Line Works Revenue. Show all posts
Showing posts with label Open Line Works Revenue. 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