Railway Accounts Department Examinations

Monday, September 4, 2023

What is a CPSE ?

  

 

What is a CPSE?  

 

  • CPSE stands for Central Public Sector Enterprise

 

  • A company under the Administrative control of the Central Ministry/Department  

 

  • Equity Holding - More than 50% - By the Government. 

 

  • Subsidiaries of CPSEs - Also called as CPSE, if more than 50% Equity holding by CPSE 

 

  •  Statutory Corporations like the Airport Authority of India, FCI, etc. also come under the ambit of CPSE 

 

  • Examples of Railways CPSEs - RITES, IRCON, IRCTC etc.,  

 

  • However, the Departmentally run Public Enterprises, Banking Institutions, and Public Insurance companies do not come under CPSEs 

*****


Sunday, September 3, 2023

Daily Challenge

 Dear Members,  

As a part of the Daily Challenge, I decided to publish One Article / Post per day from 1st September 2023 onwards.  Thank you. 




Differences of Opinions among Railway Board Members

  


 Differences of Opinions among Railway Board Members  


  • Source: MOP -  Manual of Office Procedure 6th edition 2022 Click here  


Between Two Members of Railway Board 

 

  • The case would be referred to the CRB & CEO  (Chairman & Chief Executive Officer, RB)

 

  • CRB & CEO will try to arrive at a Jointly Agreed Proposal, if necessary, after Discussion among them.   


or

 

  • The CRB & CEO may also take the final decision in regard to inter-departmental differences, subject to the approval of the Minister of Railways wherever necessary.  

 

 

 Between Member (Finance) and Other Members   



  • The CRB & CEO will have full powers to take the Final Decision by recording a Reasoned Order.  

 

  • However, the Member (Finance) may be brought the issue to the notice of the Minister of Railways.  

   

  • But any reference to the Ministry of Finance, if required, shall be sent only after the approval of the Ministery of Railways.  

*****


Fuel Accounts - Flow Chart