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The Most Important Document published by the Ministry of Railways
Designed to help the candidates appearing the Appendix 3, LDCE, 70% etc of Railway Accounts
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The Most Important Document published by the Ministry of Railways
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
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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
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.
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