Express Computer
Home  »  eGov Watch  »  eGovWatch: Railway to opt for online fuel management system in Budget 2016

eGovWatch: Railway to opt for online fuel management system in Budget 2016

0 620

CRIS, railways technology arm, will develop the online fuel management system at an estimated cost of Rs 21 crore, said a senior Railway Ministry official, adding once the system is operational, fuel-related information including consumption and expenditure will be known on real-time basis.

Indian Railway is firming up a proposal to develop an online fuel management system, a first of its kind for the national transporter, to check pilferage and bring transparency in fuel consumption. Railway Minister Suresh Prabhu is likely to announce the fuel management system in the Rail Budget 2016-17 on February 25, indicating the expansion of Information and Communications Technology (ICT) basket in the public sector behemoth.

Prabhu has laid emphasis on maximum use of Information Technology in the railways and this will reflect in his second Rail Budget this year.

CRIS, railways technology arm, will develop the online fuel management system at an estimated cost of Rs 21 crore, said a senior Railway Ministry official, adding once the system is operational, fuel-related information including consumption and expenditure will be known on real-time basis.

At present the railways monitor use of fuel and expenditure of diesel manually which leaves scope for pilferage as well as excess expenditure. There are railway diesel installations (RDI) across the country where fuel is dispensed for rail use.

With the implementation of fuel management system in RDIs, the complete activity of fuel receipt to issue to locomotive will be available online, the official said. Indian Railway spends about 14 per cent of its earning on high speed diesel which is approximately Rs 18,000 crore a year.

The real time information about inventory of fuel, its receipt, issue, inspection and fuel tank calibration will facilitate better management decision and inventory control and will save expenditure. The price of high speed diesel varies from state to state due to variation in tax levy. The maximum and minimum price varies between Rs 71 and Rs 59 per litre.

The system envisages rationalisation of the fuelling pattern sourcing most of the fuel from states offering a lower price. “Real time information is a must for efficient rationalisation of the fuelling pattern and it has been estimated that by rationalising this fuel pattern a minimum of Rs 33 cr will be saved in a year,” he said, adding “if we consider the amount we will save on fuel, the implementation cost of the project will be recovered within a year.”

Get real time updates directly on you device, subscribe now.

Leave A Reply

Your email address will not be published.

LIVE Webinar

Digitize your HR practice with extensions to success factors

Join us for a virtual meeting on how organizations can use these extensions to not just provide a better experience to its’ employees, but also to significantly improve the efficiency of the HR processes
REGISTER NOW 

Stay updated with News, Trending Stories & Conferences with Express Computer
Follow us on Linkedin
India's Leading e-Governance Summit is here!!! Attend and Know more.
Register Now!
close-image
Attend Webinar & Enhance Your Organisation's Digital Experience.
Register Now
close-image
Enable A Truly Seamless & Secure Workplace.
Register Now
close-image
Attend Inida's Largest BFSI Technology Conclave!
Register Now
close-image
Know how to protect your company in digital era.
Register Now
close-image
Protect Your Critical Assets From Well-Organized Hackers
Register Now
close-image
Find Solutions to Maintain Productivity
Register Now
close-image
Live Webinar : Improve customer experience with Voice Bots
Register Now
close-image
Live Event: Technology Day- Kerala, E- Governance Champions Awards
Register Now
close-image
Virtual Conference : Learn to Automate complex Business Processes
Register Now
close-image