Thursday, October 26, 2017

NEW PROCESSES ON CARDS IN RAILWAYS FOR IMPROVED EFFICIENCIES: LOHANI AT PHD CHAMBER

Chairman, Railway Board, Mr. Ashwani Lohani on Thursday announced that railways would shortly undergo massive structural and processes reforms to strengthen its networks and bring in efficiencies to embark on the path of accelerated growth.

Speaking at 112th Annual Session of PHD Chamber of Commerce and Industry here today, Mr. Lohani also stressed that consolidation and growth would simultaneously happen in railways with aforesaid structural and processes reforms which unfortunately were neglected in the past.

However, with government’s special focus, not only safety issues relating to railways have picked up a great momentum but also accelerated pace of reforms is being generated well within the railway board to make sure that new processes are put in place and newer innovations brought in to make railways a competitive organization to take on its counterparts on roads and airways, he said.

The Railway Board Chairman suggested that the best way to bring in efficiencies in railways would be through generating competitive spirit within the organization which has already begun to happen but refused to subscribe the idea that penalties are the ideal way to remove inefficiencies.

Secretary, Ministry of Road, Transport and Highways, Mr. Yudhvir Singh Malik who also spoke on the occasion, however, emphasized that logistics have been neglected in the past and now to improve logistics, the department of Commerce has been activated by the government and in due course of time India would begin to see the impact of better logistics to drastically curtail the growing logistics cost in India on account of which industry has to pay barely.

Principal Economic Advisor, Department of Economic Affairs, Mr. Sanjeev Sanyal in his remarks emphasized that the focus of regulatory mechanism in the new government is not towards centre oriented and that it is driven towards states where actions lie.  He proposed the sequencing of reforms which are vitals for good regulations.


Among others who were present on the occasion consisted of former Presidents of PHD Chamber Mr. Ashok Kajaria, Mr. Sandeep Somany and Dr. Mahesh Gupta including its President, Mr. Gopal Jiwarajka and Secretary General, Mr. Saurabh Sanyal.

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