Bibek Debroy Committee, 2015

The Railway Board had constituted a Committee for mobilization of resources for major railway projects and restructuring of Railway Ministry and Railway Board under the chair of Mr. Bibek Debroy. The Committee was constituted on September 22, 2014 and submitted its final report in June 2015.

Recommendations

• The role policy making, the regulatory function, and operations should not be vested in the same organization. Rather these three roles must be separated from each other to have sustained and large scale private participation.
• Set up an independent regulator, the Railways Regulatory Authority which will be a statutory body, with an independent ....