Indian Railways to streamline tendering process
Published: Tue, 2014-12-02 15:04The one-man committee headed by Shri Shreedharan has submitted interim report for delegating Railways’ tendering and commercial powers to General Managers.
India’s Railway Minister Suresh Prabhakar Prabhu had set up a committee to establish procedures of accountability in all tendering processes. In a bid to ensure transparency and accountability, the committee has now been tasked to suggest a set of procedures to be followed in tendering processes. The final report is expected within three months.
Indian Railways is also expected to team up with IT firm Tata Consultancy Services (TCS) to streamline e-tendering process, The Times of India reported on 29 November.