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Readings in Indian Railway Finance
Edited by : K.B. Verma;
Hard bound book;  Pages : 368
1998 Edition; ISBN - 81-7188-121-1
Price : Rs. 995.00 ; US $ 60.00
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About The Book :

There are many books on Indian Railways and practically none on its Financial management . In this respect this is perhaps the first book of its kind. It is a compilation of papers by some eminent transport economists and railwaymen who have either been at the helm of affairs or been intimately involved in its running. The book thus has an effective blend of theory as well as fruits of long years of experience.


Readings in Indian Railways Finance 

These essays are very stimulating and offer a wide variety for generating fresh thinking on the priorities resource allocation as well as resource mobilisation for IR as they march into the 21st century.
The dedicated work of Sri Verma in bringing together new ideas offered by experts in railway finance and management and also giving his own results is exemplary. These essays fill up, to a considerable extent, the lacunae in the subject of railway finances in India. This volume, I am sure, will be found useful by students, researchers and policy-makers connected with or interested in Indian Railway development in the coming decades."
Dr. D.M.Nanjundappa ( Deputy Chairman, State Planning Board, Karnataka; Ex-Chairman, Railway Fare & Freight Committee, Ministry of Railways, Government of India )

 

CONTENTS IN DETAIL :

FINANCIAL MANAGEMENT
        
1. Evolution of Financial Management of Indian Railways
  A.V. Poulose
Former Financial Commissioner, Indian Railways
 
2. Should Indian Railways be Privatised ?
M.Q. Dalvi
Transport Economist; Formerly with UNDP, U.K
 
3. Railway Pricing and Finances in India
D.M. Nanjundappa
Deputy Chairman, State Planning Board, Karnataka; Ex-Chairman, Railway Fare & Freight Committee, Ministry of Railways, Govt. of India
  
4. Reforming Indian Railway's Financial Management
Y.P. Anand
Former Chairman Railway Board, Indian Railways
 
5. In Pursuit of a Productive Relationship
K.B. Verma
Economist; Ex-Member, Planning Commission, Govt. of India
     
   
INFRASTRUCTURE FINANCING   
    
6. Value Capture as a Method of Financing Rail Projects : Theory and Practical
K.B. Verma
Group General Manager ( Finance ), RITES
 
7. Financing Transport Infrastructure in Megacities : Mumbai Experience
P.G. Patankar
Consulting Advisor, Tata Consulting Services
 
8. Policy on Urban Mass Rail Transit
B.I. Singal
Director Projects, Rail India Technical & Economic Services (RITES)
 
9. Financing Railway Infrastructure in India
S. Sriraman
Deptt. of Economics, University of Bombay
          
       
PLANNING
 
10. Indian Railways : Meeting the Challenges
Shanti Narain
Member Traffic, Railway Board, Indian Railways
 
11. The New Economic Policy and the Transport Sector
Prakash Narain
Former Chairman Railway Board, Indian Railways
 
12. Railway Planning in India : A spectrum and Perspective View
Vijay Singh
Former General Manager, Indian Railways
 
13. A Perspective Plan on Gauge Conversion for Indian Railways
Y.P. Anand
Former Chairman Railway Board, Indian Railways
 
14. Home Truths about Gauge Conversion
M.N. Prasad
Former Chairman Railway Board, Indian Railways
 
15. Project Planning, Appraisal and Management
Y.P. Anand
Former Chairman Railway Board, Indian Railways
 
16. Some Cold Realites and Hard Choices
S. Manikutty
Indian Institute of Management, Ahmedabad
      
     
PRODUCTIVITY AND OPERATION EVALUATION    
      
17. Marginal Productivity of Railway Investment-1
K.B. Verma
Group General Manager ( Finance ), RITES
 
18. Marginal Productivity of Railway Investment-2
K.B. Verma
Group General Manager ( Finance ), RITES
 
19. Operation - Finance Interface in Indian Railways
K.S. Subramaniam
Manager, Asian Development Bank
 
20. A Modified Operating Ratio
K.B. Verma
Group General Manager ( Finance ), RITES
 
21. Financial Performance Analysis of Indian Railways
K.B. Verma
Group General Manager ( Finance ), RITES
 
22. Business Orientation on I.R. Through Cost Management
Hasan Iqbal
Former Financial Commissioner, Indian Railways
       
    
PRODUCTIVITY AND OPERATION EVALUATION
        
23. Resource Constraint : Lessons of Indian Railways' Experience
M.K. Rao
Former Chairman Railway Board, Indian Railways
 
24. Restructuring & Railway Finances
S.M. Vaish
Former General Manager, Indian Railways
 
25. Why so Many Pockets ?
K.B. Verma
Group General Manager ( Finance ), RITES
 
26. Reclassification of Second Class Sleeper
K.B. Verma
Group General Manager ( Finance ), RITES
 
 

THE EDITOR :

K.B. Verma :

1945, Shri Verma did M.A in Economics with special paper in Econometrics from Ranchi University in Bihar. He was awarded the University Gold for standing First in the First Division. After teaching Economics for three years in Ranchi University, he joined Indian Railway Accounts Service in 1968. He served in various capacities in the Finance Department of Railways at all level viz. the Division, Zonal Headquarter and the Ministry of Railways. He worked for almost a decade in the computer center of Indian Railways and Zambia Railways and did a consultancy assignment regarding computerisation strategy in Swaziland Railways. Shri Verma also worked in the general management branch as Additional Divisional Railway Manager in a major Division of Indian Railways, He taught Financial Management for Four year's in Railway Staff College, Vadodara, which is the apex training institute for officers of Indian Railways. Shri Verma has published seven papers on various aspects of railway finance. He is presently working as Group General Manager ( Finance ) in Rail India Technical and Economic Services ( RITES ), a Government of India Undertaking, which is internationally well known as leading rail transport consultants and engineers.

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