Saturday, August 28, 2010

THE GREAT RAILWAYS PROCUREMENT ROBBERY

The Railways has been a cash-cow for decades. After the reign of C.K. Jaffer Sharief, it is not the Railway Ministers, but the top Railways Bureaucrats who have made the most money. Conservative estimates put the figure of revenue loss due to exorbitant over-pricing allowed to chosen corrupt suppliers at higher than Rs. 50,000 crores in the past decade. It is primarily at the the Railways Research & Standards Organization (RDSO), Lucknow, and in the Railway Board, New Delhi, that competition is closed, suppliers fixed, for suitcases of cash and brothels of prostitutes. This document (a letter + annexures), written by a senior serving procurement officer, provides a structural view into how this corruption takes place, and how, using conservative and educated estimates, a minimum of Rs. 5,000 crore leaks out to suppliers and for kickbacks to bureaucrats every year.
Railways Procurement Scam (Letter to Minister)

Railways Procurement Scam Annexure

2 comments:

  1. Is there any action by Railways after getting such glaring evidence

    ReplyDelete
  2. It is not just procurement robbery in railway,

    procurement robbery is exits in each and every government department even in private sector.

    ReplyDelete