After the Narendra Modi government restructured railways to end departmentalism, Vinod Kumar Yadav, chairman of Railway Board on Friday said the restructuring of Railway Board will make the national transporter leaner and more efficient.
Last week, the government downsized Railway Board strength from eight to five including the chairperson and merging its different cadres into a single Railway Management System. Instead of Railway Board Members for Traffic, Rolling Stock, Traction and Engineering, the newly constituted Board will have Members for Operation, Business Development, Human Resources, Infrastructure and Finance.
In an interview to CNBC-TV18's Rituparna Bhuyan, Yadav said there is no plan to corporatise Indian Railways, Earlier, the railway board was on departmental lines. So, the government has decided that it will be restructured on functional lines. It will be linear and will be more efficient. Also, we have decided to induct an independent non-executive member who will be expert in the field of industry, finance and management as they will bring their own expertise to the table and we will be able to get benefit from them."
Yadav said, "Basically railway board takes policy decisions, strategic directions and prospective planning. So, it will be much better if these board members are looking after one entire segment rather than earlier board members on a departmental basis."
According to Yadav, after the restructuring, the entire railway board and the officers will be working towards one common goal and that is railway growth.