Corporate enterprise group, Financial Accounting

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Q. Corporate Enterprise group?

In order to have better and systematic participation of labour in management for improvement in working of Railway system and appropriate changes for improving efficiency and viability a Corporate Enterprise Group was set up at central level in ministry of railways in the year 1972.

This group consists of chairman members and secretary of Railway Board on one hand and on the other hand three representatives each of the NFIR and AIRF and one representative of the officer's federation.

The Board objectives of the corporate Enterprise Group are to -

a) Evaluate functioning of the Railways and exchange data ideas on ways and means for improving the efficiency and viability of the enterprise.

b) Appraise the investment programme, particularly in regard to housing and welfare service.

c) Identify areas and devise action-oriented methods for maximizing organizational effectiveness the use of technology and towards building up the image of the railways as a service organization.

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