This is in order to ensure economy efficiency and transparency in the functioning leading to good governance, he says
Comptroller and Auditor General (CAG) Girish Chandra Murmu said on Wednesday said there was a need to revisit current railway projects in order to ensure economy efficiency and transparency in the functioning leading to good governance.
Speaking at a conclave on the Management Issues in Railway Public Enterprises, Mr. Murmu said corporate governance matters had to be followed by the public sector undertakings (PSUs) of the Railways. “There is also a need to study the economic returns instead of financial returns of the PSUs. Usually, there are issues of cost overruns and time overruns and these have to be monitored...,” he said.
