Every Re 1 hike in diesel to cost Railways Rs 234 cr annually
New Delhi, Feb. 4
Indian Railways – the single largest high speed diesel consumer in the country at 2.35 billion litres a year – will have to take a hit of about Rs 234 crore annually for every one rupee increase in price of diesel.
So, with less than two months remaining in the current fiscal, the Indian Railways is unlikely to be hit in any significant manner.
The committee, headed by Mr Kirit S. Parikh, on “A viable and sustainable system of pricing of petroleum products”, has suggested complete deregulation of the petrol and diesel prices.
At the current international crude oil prices, the diesel prices will go up by Rs 3-4 a litre if the recommendation is accepted.
Traffic earnings
The total annual traffic earnings of the Railways are almost Rs 80,000 crore, with an annual diesel consumption expense of almost Rs 8,000 crore.
So, the exact extent of the hit to the Railways' bottom-line will depend on the extent to which the Railways pass on the expected hike to its freight and passenger services.
Specifically, the Railways mopped up Rs 79,862 crore in 2008-09 as traffic receipts. “In 2008-09, the Railways consumed 2.35 million kl of high speed diesel.
It had a bill of Rs 7,996.81 crore in the financial year on account of high speed diesel consumption,” said a Ministry official.
The per litre high speed diesel price of the Railways is linked to the price at which the oil marketing companies supply the fuel to their retail outlets.
So, each increase in retail price is passed on to the Railways proportionately.
On account of being the single largest consumer, the Railways usually receives a discount – the level of which is agreed upon between the oil marketing firms and the Railways through a bidding process.
http://www.thehindubusinessline.com/2010/02/05/stories/2010020551530500.htm
PME Due Date
Master Circular No. 25
Copy of Railway Board’s letter No. 69/H/3/11 dated 06.12.1974
Subject: Implementation of the Recommendations of the Visual Sub-Committee.
6. Periodical re-examination of serving Railway Employees:
6.l. In order to ensure the continued ability of Railway employees in Classes A l, A 2, A 3, B l and B 2 to discharge their duties with safety, they will be required to appear for re-examination at the following stated intervals throughout their service as indicated below:
6.1.1. Classes A l, A 2 and A 3 —At the termination of every period of three years, calculated from the date of appointment until they attain the age of 45 years, and thereafter annually until the conclusion of their service.
Note: (l) The staff in categories A l, A 2 and A 3 should be sent for special medical examination in the interest of safety under the following circumstances unless they have been under the treatment of a Railway Medical Officer.
(a) Having undergone any treatment or operation for eye trouble irrespective of the duration of sickness.
(b) Absence from duty for a period in excess of 90 days.
(2) If any employee in medical category A has been periodically medically examined at any time within one year prior to his attaining the age of 45, his next medical examination should be held one year from the due date of the last medical examination and subsequent medical examination annually thereafter.
If, however, such an employee has been medically examined, at any time earlier, than one year prior to his attaining the age of 45, his next medical examination should be held on the date he attains the age of 45 and subsequent medical examination annually thereafter.
Ammendment: It was ammended in 1993 as below
Age Group PME Due
Age 00-45 every 4yrs
Age 45-55 every 2yrs
Age 55-60 every year
Details:-
As per Rly Bd's Guideline of Medical Exam issued vide LNo. 88/H/5/12 dated 24-01-1993
a) PME would be done at the termination of every period of 4 years from date of appointment / Initial medical Exam till the date of attainment of age of 45 years, every 2 years upto 55 years & there after annual till retirement.
b) Employees who has been periodically examined at any time within 2years prior to his attaining the age of 45years would be examined after 2years from the date of last PME & subsequent PME for every 2years upto 55years age.Of
NRMU 4 you
SMLokhande
6.1.2. Classes B-1 and B-2—On attaining the age of 45 years, and thereafter at the termination of every period of five years.
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