Vigilance part of good governance: CVC tells Railways PSUs

Ensuring vigilance is management function and it should be seen as a part of good governance, Vigilance Commissioner in CVC R Srikumar today told chiefs of Railways PSUs here.

Srikumar was addressing a workshop on leveraging information technology organised today for Railway Public Sector Undertakings (PSUs) by IRCON International Limited.

He said e-Procurement is the proven tool for enhancing transparency as well as for saving cost of procurement.

The Commissioner said that vigilance is a management function and all Chairman and Managing Directors (CMDs) should view it as a part of good governance, a press release issued by IRCON quoted Srikumar as saying.

Adviser (Vigilance), Railway Board, A K Maitra said that information technology helps in better governance & fixing accountability.

He said that introduction of several IT tools in Railways has helped in reduction of graft complaints by up to 20 per cent.

Kharge reviews performance of railway PSUs

Reviewing the performance of PSUs of the national transporter, Railway Minister Mallikarjun Kharge today ask these subsidiaries to firm up action plans for better result.

Seven PSUs – Konkan Railway, RailTel, Mumbai Rail Corporation Limited, Metro Rail Corporation Limited, Burn Standard, Bharat Wagon Engineering Limited and Braithwaite Limited – presented their detailed work reports to Kharge in a series of meetings held at Rail Bhawan, officials said.