A+| A| A-

From 50 Years Ago: Appraisal by Ignorance

Vol IV, No 12 MARCH 22, 1969

Appraisal by Ignorance

Used to pettifogging, the Estimates Committee has failed to grasp the opportunity presented by investigation of the major railway investment programme of electrification. Over the last 10 years, the railways have made a significant move away from steam to electric and diesel locomotion. The expenditure on electrification was estimated at Rs 45 crores under the Second Plan and Rs 123 crores under the Third Plan. This has obvious implications for investment criteria, organisational problems and indigenisation. How have the Railways dealt with these problems? And what is the Estimates Committee’s assessment of the programme? The seventieth report of the Estimates Committee of the Fourth Lok Sabha hardly throws any light on these problems.

To read the full text Login

Get instant access

New 3 Month Subscription
to Digital Archives at

₹826for India

$50for overseas users

Updated On : 22nd Mar, 2019

Comments

(-) Hide

EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.

Vol V, No 47 november 21, 1970

Vol V, No 46 november 14, 1970

Vol V, No 45 November 7, 1970

Vol V, Nos 43 & 44 october 24, 1970

Vol V, Nos 43 & 44 october 24, 1970

Vol V, No 42 october 17, 1970

Vol V, No 41 october 10, 1970

Vol V, No 40 october 3, 1970

Vol V, No 39 september 26, 1970

Vol V, No 38 september 19, 1970

Back to Top