A Study On Impact Of Reverse Auction Process On Procurement System In Indian Railway

Abstract

Indian Rly is biggest network company of world owned by Ministry of Rly on behalf of Govt. Of India, transporting 3.3 Cr. Peoples and 34 lakhs Tons of freight per day and earning 212460 Cr as income (2021-22). IR become one in 1951 nationalized systems as a single entity having multigauge network i.e. board, meter and narrow guage. IR runs both long distance and local route. Also manufacturing locomotives, coaches, components, wheels, axles, carriages, wagons. This needs a lot of raw materials and spare parts. This comprised inventory and material management, manufacturing, planning, scheduling for operations of traffic. IR is largest purchaser in india i.e.1.80 lakhs regular items known as stock items and unlimited unlisted items i.e.as when as required known as non stock items costing Rs.48714 cr. for maintenance, repairing of tracks, wagons, EMU, locomotive, carriage, communication, signaling, civil works and general items. Also purchase fuel and coal. newlineThis required systematic purchase policy with schedule of power at different executive level. On line electronic system required for procurement for fixing responsibility, accountibility and trasparancy. For above Rs.5000/- railway utilising tender system like limited tender, open tender, bulletin tender, global tender. While floating the tender terms, conditions, specification, terms of delivery, payment, make everything is mentioned. But most of the bidders quote as an above these terms and specification for selling their own products and trying to show best utility of their products. In eRA first to decide technical suitability. Then financial bid started. They trying to give lowest bids with minimum profits. This system is cost effective, maximising profit, transparency to achieved goals in procurement for overall usability. newline newline