Railway Accounts Department Examinations

Showing posts with label Projects. Show all posts
Showing posts with label Projects. Show all posts

Monday, August 14, 2023

Office Order 01 of 2017 Approval of Railway Projects

 

Approval of Railway Projects - Office Order No 01 of 2017 


 

  • Procedure for Appraisal and approval of New Public funded Projects in IR 

Delegation of Powers


Cost of the Project

IPA - In Principal Approval

Appraised by

Approved by

Up to Rs.100 Crores

Member Finance

Member Finance

Chairman & CEO, Railway Board

Rs. 100 Crores to Rs.500 Crores

Member Finance

Railway Board

Minister of Railways (after being examined and recommended by the RB)

Rs. 500 Crores to Rs.1000 Crores

Member Finance

NITI Aayog, Expanded Board for Railways chaired by CRB & CEO

Minister of Railways

Rs. 1000 Crores & above

Member Finance

NITI Aayog, EBR - Expanded Board for Railways chaired by CRB & CEO

CCEA - Cabinet Committee on Economic Affairs


  • Projects costing Rs. 50 Crores and above  - Preparation of DPR - Detailed Project Report is mandatory before they are processed for sanction of the competent authority. 

 

  • In Simple, All projects irrespective of cost - IPA - In Principal Approval by Member Finance

 

  • Rs. 100 Crores to Rs. 1000 Crores - Approval by Minister of Railways.  Less than Rs.100 Crores - CRB & CEO and More than 1000 Crores - CCEA