Evaluating Financial Feasibility of RPF/RPSF Personnel Welfare and Security Projects
The Indian Ministry of Railways has issued a notification to all General Managers of Indian Railways regarding the Test of Remunerativeness for Projects that relate to improvement in security and welfare of RPF/RPSF staff. The Railways raised a concern about the feasibility of calculating the financial value and rate of return of such works, including the construction of RPF/RPSF posts, outposts, barracks, and CCTV. Upon consultation with the Security Directorate, the Ministry has decided to exempt such works from the test of Remunerativeness if they are proposed as independent works.
GOVERNMENT OF INDIA
MINISTRY OF RAILWAYS
(RAILWAY BOARD)
No. 2023/F(X)II/10/2
New Delhi, Dated 21-03-2023
The General Managers,
All Indian Railways.
Sub: Test of Remunerativeness for Projects that relate to improvement in security and welfare of RPF/RPSF staff.
One of the Railways has raised an issue of Test of Remunerativeness for the works related to RPF/RPSF which include construction of RPF/RPSF posts/outposts/barracks/CCTV. It has been pointed out that the value of security provided can neither be calculated in financial terms nor the rate of return can be arrived at.
2. The matter has been examined in consultation with Security Directorate of Board’s office and it has been decided to exempt the works mentioned in previous para related to security and welfare of RPF/RPSF staff from the test of remunerativeness, even if charged under Capital, if these are proposed as independent works.
3. This issues with the approval of Board (MF).
4. Please acknowledge receipt.
(AJEET KUMAR SRIVASTAVA)
EXECUTIVE DIRECTOR
FINANCE EXPENDITURE
(RAILWAY BOARD)