Railway Accounts Department Examinations

Showing posts with label heritage rolling stock. Show all posts
Showing posts with label heritage rolling stock. Show all posts

Saturday, April 11, 2020

Heritage Rolling Stock


Heritage Rolling Stock

·         Source: Indian Railways Rolling Stock Code Chapter 7 Para No.734

·         The following are the Heritage Rolling stock

1.       All types of Steam locomotives
2.       All Narrow Gauge coaches
3.        Wooden body/Saloons/special coaches of All Gauges.
4.       Oldest of a particular kind/class/special purpose Rolling stock
5.       Rolling stock of over 100 years old.
6.       Rolling stock identified/selected to be of special significance

Sale of Heritage Rolling Stock

·         By Heritage Directorate of Railway Board only
·         Offered for sale to other Govt/Quasi Govt, Private institutions/individuals in the country as well as abroad, if it is not required by the Railways.
·          Sale to educational institutions/museums/Govt bodies/Trusts – 50% of the scrap value without adding overhead charges, profit and antique value.   – applicable for sale within the Country.
·         Waival in sale price  - in specific cases by the Competent Authority in consultation with associate finance.
·          Sale to private rail-road companies /Institutions/Trusts/Individuals shall be made at full scrap value without adding overhead charges, profit and antique value.
·         Special relaxation or discount shall be offered in deserving cases by the competent authority in consultation with Associate Finance.
·         In all cases, the cost of transportation/restoration shall be borne by the purchaser in full.
·         All cases of sale to parties abroad shall be referred to Railway Board for a decision.
()()()()()