No official Railway Board PDF has been traced for this entry yet. The text below was read from the document held in the library.
| Type | NFR Policy |
|---|---|
| Topic | nfr-eauction |
| Currency | Currency not verified |
✔Committee of Branch Officers of Commercial Dept, Finance Dept and Dept
NI-NFR-IS - New, Innovative Non Fare Revenue Ideas Scheme ● New scheme - to increase Non Fare Revenue ● Announced by Ministry of Railways in 2018. ● Object: Promote new ideas and concepts for enhancement of NFR (Non Fare Revenue) and improve passenger convenience on IR ● To classify an idea/concept as innovative - a similar proposal should not have been implemented on the concerned Division before. ● Replication - Divisions are encouraged to report success of such ideas and give wide publicity for possible replication across Indian Railways. Salient features: ✔At Divisional level ✔DRM – Divisional Railway manager -Full powers. ✔Nodal Officer – Branch officer of Commercial Dept (Sr.DCM / DCM) ✔Committee of Branch Officers of Commercial Dept, Finance Dept and Dept holding the assets to be used scrutinizes the proposals received and recommended to DRM for approval. ✔Terms & conditions of the Agreement are accepted by the such committee with the approval of DRM ✔Savings in expenditure if any, is added notionally as “deemed earnings” for the purpose of evaluation of project. ✔Token non Refundable application fees Rs. 1000 – should be accompanied to each proposal. Object of levying such fees is to avoid non serious ideas/concepts. ✔Based on the importance of the proposal, DRMs are authorize to decide the EMD – Earnest Money Deposit of not less than Rupees 10,000 /- NageswaraRao 9492432160 www.appendix3exam.com ✔Projects may be executed directly by the Divisions using their own manpower or through any Railway PSU or outside agencies such as NGO – Non Governmental Organisation, SHG – Self Help Group, Cooperative society etc. ✔Period – One year or part thereof. Can be extended beyond one year with the approval of DRM. If Extended, Licence fees for extended periods may be decided depending on the realization of the earnings of the Project. Safeguards/Precautions ● Should not be political or religious in nature. ● No permanent structure should be constructed ● Not violating the norms of aesthetics, environmental concerns, decongestion, safety and security, free movement of passengers, sanitation standards, temporary structures, fire, safety etc as prescribed under Railway rules. Key Takeaways 1. NI NFR IS stands for New Innovative Non Fare Revenue Ideas Scheme 2. Introduced in 2018 3. Part of NFR 4. NFR stands for Non-Fare Revenue 5. Divisional Level (Previously NFR at Railway Board level) 6. Non Refundable Application fees – Rs. 1000 7. EMD – Not less than Rs. 10000 8. DRM – Full powers 9. Period – One year or part thereof %%%% NageswaraRao 9492432160 www.appendix3exam.com
Open this circular in the search app · Search all 4,233 documents