The Cabinet Secretariat has asked the Ministry of Railways to act upon a series of recommendations including a merger of Rail Vikas Nigam Ltd into IRCON, of Rail Tel into IRCTC, and a takeover of Braithwaite & Co Ltd by RITES.
These proposals are part of a report on rationalisation of government bodies prepared by Sanjeev Sanyal, Principal Economic Advisor, Ministry of Finance, after studying the structure and distribution of Railways ministry.
The proposals are wide ranging, and not restricted to PSUs: bringing 94 schools run by Railways under the Kendriya Vidyalaya Sanghatan (KVS), upgrading 125 Railway Hospitals — most of them under-invested — through an institutional mechanism and opening these to the public at large.
