Parliamentary Control over Railway Finances | PAC, Budget Voting | MCQ Practice | Indian Railways

Описание: Explore how Parliament exercises control over Railway Finances through various mechanisms and committees in this insightful video tailored for Indian Railways aspirants and policymakers.

Key Highlights:

Role of Parliamentary Committees:

Public Accounts Committee (PAC): Audits railway expenditure based on CAG reports.

Estimates Committee: Evaluates the economy and efficiency of railway spending.

Railway Convention Committee: Recommends dividend and other financial arrangements between Railways and the Government.

National Railway Users' Consultative Council (NRUCC): Represents passenger and freight user feedback on policies and finance.

Parliamentary Procedures:

Voting of Railway Budget in Lok Sabha: How demands for grants are discussed and passed.

Cut Motions: Tools used by MPs to scrutinize and limit railway expenditures.

VIP References / CA(iii) References:

Influence of MPs and VIPs on railway projects, passenger amenities, and policy interventions.

Gain a clear understanding of how financial accountability is ensured in Indian Railways through democratic processes.

Useful for: LDCE, 70% Selection, Appendix III exams, and general understanding of Railway governance.

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