The Indian Railways has ordered to dissolve Indian Railway Stations Development Corporation (IRSDC). This was informed in a letter the Railway Board issued on Monday.
In a communication to all General Managers, the board ordered that all necessary procedural formalities for closure of IRSDC should be initiated.
This is in line with recommendation from the cabinet secretariat to integrate, and undertake structural reforms in various bodies under Railways Ministry. It had also suggested merger of various railway’s institutions.
