this is a presentation prepared for participants at C-TARA, Indian Railways, Secunderabad. By M.Nageswara Rao, Senior Section Officer(Accounts), South Central Railway, Secunderabad.
Classification of expenditure recent changes 07.01.2021Nageswara Rao M
Explaining the Demands for Grants in Indian Railways in lucid manner, recent changes in classification of expenditure and Single Demand for Ministry of Railways
Lecture given by M.Nageswara Rao, SSO(A)/south central railway, secunderabad on the subject of "Railway classification of expenditure or Railway Allocation rules on 10th September, 2011 at ESTC/Lallaguda, Secunderabad.
Classification of expenditure recent changes 07.01.2021Nageswara Rao M
Explaining the Demands for Grants in Indian Railways in lucid manner, recent changes in classification of expenditure and Single Demand for Ministry of Railways
Lecture given by M.Nageswara Rao, SSO(A)/south central railway, secunderabad on the subject of "Railway classification of expenditure or Railway Allocation rules on 10th September, 2011 at ESTC/Lallaguda, Secunderabad.
Indian railways financial accounts, audit inspection & cash imprestNageswara Rao M
This is presentation given on Railways accounts and related subjects by M.Nageswara Rao, Section Officer (Accounts)/South Central Railway, Secunderabad.
A presentation about IPAS (Integrated Payroll Accounting System) as part of AIMS (Accounting Informtion Management System) of Indian Railways IT application
Indian railways financial accounts, audit inspection & cash imprestNageswara Rao M
This is presentation given on Railways accounts and related subjects by M.Nageswara Rao, Section Officer (Accounts)/South Central Railway, Secunderabad.
A presentation about IPAS (Integrated Payroll Accounting System) as part of AIMS (Accounting Informtion Management System) of Indian Railways IT application
This article presents the discrete event simulation developed with Northwestern University to optimize an injector production line. This article was presented at the recent Winter simulation Conference (held in December 2008)
Poor layout design is determined as a major problem
in small and medium industry. These particular problems thus
affect the productivity and the line efficiency as well. In
automotive industries, assembly line is the major area to be
taken into consideration for increasing productivity. The focus
of this paper is to identify the bottleneck workstations in the
current layout and eliminate those activities that are taking time
on that workstations. The time study is done by using camera.
The current layout is redesigned by computing takt time and
processing times in each workstations. The case study shows how
the takt time calculation is done and from this takt time the
processing time is decided for all workstations. The time
consuming activities are reduced and thus the processing times
at all workstations is made possibly equal. The time reduction
increases productivity in the form of increased number of units
of production in the same previous time.
Line efficiency is also found to be improved which is described
with the terms Overall Line Efficiency (OLE) and First Pass
Yield (First Time Through) units.
Managing system reliability and maintenance under performance based contract ...ASQ Reliability Division
Performance based contracting (PBC) emerged as a new service model which is reshaping the acquisition, operation and maintenance of capital equipment. PBC is often referred to as performance based logistics in defense industry, or is called as power-by-the-hour in the airline industry. The focus of PBC is on the outcome of the system reliability performance, not materials and labors involved in the maintenance. This presentation introduces a novel quantitative approach to planning performance-based contracts in the presence of system usage uncertainty. We develop an analytical model to characterize the system availability by comprehending five key performance drivers: failure rate, usage variability, spare parts inventory, repair turn-around time, and system fleet population. This analytical insight into the system performance allows us to estimate the lifecycle cost by taking into account the design, manufacturing, maintenance and repair across the system lifetime. Two types of contracting schemes are examined under the cost minimization and the profit maximization. This presentation aims to provide theoretical guidance to facilitate the paradigm change as it shits from material based services to performance based contracting.
IOSR Journal of Electronics and Communication Engineering(IOSR-JECE) is an open access international journal that provides rapid publication (within a month) of articles in all areas of electronics and communication engineering and its applications. The journal welcomes publications of high quality papers on theoretical developments and practical applications in electronics and communication engineering. Original research papers, state-of-the-art reviews, and high quality technical notes are invited for publications.
Now Yoga is recognized all over the World and June 21 is declared by UN as YOGA DAY. In this connection, I wish to elaborate the benefits of yoga as stated by Shri Shri Ravi Shankar in his speeches.
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Cardnickysharmasucks
The unveiling of the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card marks a notable milestone in the Indian financial landscape, showcasing a successful partnership between two leading institutions, Poonawalla Fincorp and IndusInd Bank. This co-branded credit card not only offers users a plethora of benefits but also reflects a commitment to innovation and adaptation. With a focus on providing value-driven and customer-centric solutions, this launch represents more than just a new product—it signifies a step towards redefining the banking experience for millions. Promising convenience, rewards, and a touch of luxury in everyday financial transactions, this collaboration aims to cater to the evolving needs of customers and set new standards in the industry.
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
Financial Assets: Debit vs Equity Securities.pptxWrito-Finance
financial assets represent claim for future benefit or cash. Financial assets are formed by establishing contracts between participants. These financial assets are used for collection of huge amounts of money for business purposes.
Two major Types: Debt Securities and Equity Securities.
Debt Securities are Also known as fixed-income securities or instruments. The type of assets is formed by establishing contracts between investor and issuer of the asset.
• The first type of Debit securities is BONDS. Bonds are issued by corporations and government (both local and national government).
• The second important type of Debit security is NOTES. Apart from similarities associated with notes and bonds, notes have shorter term maturity.
• The 3rd important type of Debit security is TRESURY BILLS. These securities have short-term ranging from three months, six months, and one year. Issuer of such securities are governments.
• Above discussed debit securities are mostly issued by governments and corporations. CERTIFICATE OF DEPOSITS CDs are issued by Banks and Financial Institutions. Risk factor associated with CDs gets reduced when issued by reputable institutions or Banks.
Following are the risk attached with debt securities: Credit risk, interest rate risk and currency risk
There are no fixed maturity dates in such securities, and asset’s value is determined by company’s performance. There are two major types of equity securities: common stock and preferred stock.
Common Stock: These are simple equity securities and bear no complexities which the preferred stock bears. Holders of such securities or instrument have the voting rights when it comes to select the company’s board of director or the business decisions to be made.
Preferred Stock: Preferred stocks are sometime referred to as hybrid securities, because it contains elements of both debit security and equity security. Preferred stock confers ownership rights to security holder that is why it is equity instrument
<a href="https://www.writofinance.com/equity-securities-features-types-risk/" >Equity securities </a> as a whole is used for capital funding for companies. Companies have multiple expenses to cover. Potential growth of company is required in competitive market. So, these securities are used for capital generation, and then uses it for company’s growth.
Concluding remarks
Both are employed in business. Businesses are often established through debit securities, then what is the need for equity securities. Companies have to cover multiple expenses and expansion of business. They can also use equity instruments for repayment of debits. So, there are multiple uses for securities. As an investor, you need tools for analysis. Investment decisions are made by carefully analyzing the market. For better analysis of the stock market, investors often employ financial analysis of companies.
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
How to get verified on Coinbase Account?_.docxBuy bitget
t's important to note that buying verified Coinbase accounts is not recommended and may violate Coinbase's terms of service. Instead of searching to "buy verified Coinbase accounts," follow the proper steps to verify your own account to ensure compliance and security.
BYD SWOT Analysis and In-Depth Insights 2024.pptxmikemetalprod
Indepth analysis of the BYD 2024
BYD (Build Your Dreams) is a Chinese automaker and battery manufacturer that has snowballed over the past two decades to become a significant player in electric vehicles and global clean energy technology.
This SWOT analysis examines BYD's strengths, weaknesses, opportunities, and threats as it competes in the fast-changing automotive and energy storage industries.
Founded in 1995 and headquartered in Shenzhen, BYD started as a battery company before expanding into automobiles in the early 2000s.
Initially manufacturing gasoline-powered vehicles, BYD focused on plug-in hybrid and fully electric vehicles, leveraging its expertise in battery technology.
Today, BYD is the world’s largest electric vehicle manufacturer, delivering over 1.2 million electric cars globally. The company also produces electric buses, trucks, forklifts, and rail transit.
On the energy side, BYD is a major supplier of rechargeable batteries for cell phones, laptops, electric vehicles, and energy storage systems.
2. INDEX – Workshop Accounts
Introduction
Attendance in Workshops
On Cost Charges
WMS A/c
2
Incentive scheme & RSP
3. Introduction – Need of Workshops
“for keeping the Rolling stock (i.e., Locos, Coaches &
Wagons) in good repair and efficient maintenance of the
Railway Equipment”
Doing the above activity, the use of spare parts and fittings in
replacement of worn out ones are required. Manufacture of
such duplicates was also undertaken in Workshops as a regular
arrangement to the extent Workshop capacity was available.
3
4. Organization - Different
types of Workshops
Locos
Mechanical Repair
Workshops
Carriages &
Wagons
Electrical sections
attached to Mech.
Workshops
Repair Workshops
Signal and
Telecommunication
Workshops
Civil Engineering
Workshops
4
5. Hierarchy
Head of CME - Chief
Mechanical Dept.
controlling all
Mechanical Engineer
Mechanical Repair
Workshops
Direct control of affairs
of all the Workshops in
CWE - Chief zone & responsibility of
Workshop Engineer budget in workshops
CWM – Chief
(in charge of
the respective
Workshop Manager or
workshop) Dy.CME – Dy.Chief
Mechanical Engineer 5
6. Introduction – Departmentalization of Workshops
Workshops (in Zonal Rlys)
Process Job shops (Repair shops)
shops(Manufacturing
shops)
Electrical
Mill-wright Tool room
Rolling repair
Foundries Saw Mill
Smithy
6
7. Introduction – individual shops
The ultimate unit of workshop
organisation - “ THE SHOP”
(where it is not further divided into 'sections')
Shop in charge - Foreman/Shop
Supdt./Sr.Section Engineer
Each shop - allotted the
distinguishing number
7
8. Introduction – P C O (Production
Control Organization)
Main Object: To see
the production is
“ ON “ at all times
In charge: Production
and at all stages.
Engineer (PE)
8
9. Introduction – P C O (Production
Control Organization)
Work is
synchronized
Economy at all Supplies are
stages obtained in time
So that hold-ups
are prevented and
the production is
PCO All activities are
arranged & co
kept at optimum
capacity
Ensures ordinate
9
10. Introduction – P C O (Production
Control Organization)
PCO
1.Production
2.Progress 3. Inspection
control
B. Rate C. Watch the progress of
A. Pre- fixing products from process Inspection of
planning Process shops to Machine quality as well
shops and to Stores as Quantity
Depot
10
11. Introduction – P C O (Production
Control Organization)
B.Rate C.
A. Pre planning
fixing Process
maintenance of
synthetic data for preparation of
fixing rates (time) scroll process
ii) Preparation of
for each operation sheets indicating
i) study of drawings cost and details 3. Material
& indicating sequence of
and specifications, books for each requirements etc
allowed time in the operation, quantity
component
process sheet for of material to be
each of the used
operation involved
11
12. Attendance in Workshops – provisions of the Factories
Act, 1948
Hours of work: The hours of work in Railway Workshop
which come within the definition of "Factories" given in the
Factories Act, 1948
Weekly Hours: No adult worker shall be required or allowed
to work in a factory for more than forty eight hours in any
week
Weekly Holidays.�No adult worker shall be required or
allowed to work in factory on a Sunday unless he has or will
have a holiday for a whole day on one of the three days
immediately before or after that Sunday.
12
13. Attendance in Workshops – provisions of the Factories Act, 1948
Daily hours.�No adult worker shall be required or
allowed to work in a factory for more than 9 hours in
any day.
Intervals for Rest.�The periods of work of adult workers
in a factory shall be so fixed that no period shall exceed 5
hours and that no worker shall work for more than 5
hours before he has had an interval for rest of at least half
an hour.
The normal working hours of labour in Railway
Workshops are eight and a half hours of week days and
five and a half hours on Saturday making a total working
week of 48 hours equivalent to an 8-hour day.
13
14. Attendance in Workshops – Opening and closing of Workshop
Gates
The 'Time Office‘ - responsible for In charge - HTK -'The Head Time-
maintaining the initial record of Keeper' (under the administrative
Attendance. The same are treat as the control of the local Workshop
records of payment. Accounts Officer)
14
15. Attendance in Workshops
Late attendance
Entry into Workshop & loss of wages-
Late by First period Second period
Up to 3 minutes (Grace Allowed and no loss of Allowed and no loss of
time) wages wages
3 minutes to 30 Allowed and loss of Not allowed and loss
minutes half an hour wages of half a day wages
Beyond 30 minutes Not allowed and loss Not allowed and loss
of half a day wages of half a day wages
15
16. ON COST CHARGES
Meaning - Certain items of expenditure (in addition to the Direct
expenditure i.e., Labour and Stores) in the Workshop as a whole cannot be
booked directly to the work done.
These are known as “ON COST CHARGES”
Example: Salaries of Accounts Office, Electricity charges etc.
16
17. ON COST CHARGES
ON COST CHARGES
General on Cost - Shop on Cost - SOC Pro forma on Cost -
GOC • Expenses within POC
• Expenses within individual shop and • Known as Indirect
Workshop and common with all the Charges.
common with all activities in that shop
Expenses mostly
shops in Workshop incurred outside the
Workshop
These would be so
included in the cost of
items as per commercial
costing principles. Levied
17
for Deposit works
18. General On Cost - GOC ( common to all shops and
incurred within the Workshop)
1. Wages of apprentice, expenses on
apprentices school & hostel
2. Electrical power, water charges which
are not possible to shops
Wages of staff in yards
Freight charges, sanitary arrangements,
consumable stores, Canteen expenses
18
19. Shop on Cost - SOC - common to all works within the
Shop
1. Stationery & forms used in shops
2. Consumable stores. Examples are
sponge, cloth, oil for lubrication etc.
3. Wages of shop messengers & operators
employed in transport, small tools,
4. Wages of supervisors, chargemen,
maistries
19
20. Pro forma On Cost –POC - expenses incurred Outside
the workshop
1. Share of expenses of Accounts,
Personnel, Stores, Security depts etc
2. P.F/Pension contribution payable
by Government
3. Interest on total costs of
buildings, plant & machinery etc
4. Depreciation of Plants and
buildings 20
21. Annual On Cost Budget
For GOC & SOC are prepared for fixing a % for levying the same on various jobs undertaken
during a year. They are based on actual for the previous 12 months i.e., from January to
December
Percentages are worked separately for Labour and Stores and are leviable on the direct
labour of each job.
For POC, also prepared annually and % fixed separately under i) supervision ii) pension/PF
contribution iii) Repairs & maintenance v) New minor works vi) interest & depreciation.
These are worked on the basis of actual figures under these heads during the previous 12
months (January to December)
21
22. Necessity of WMS
Railways are a commercial concern. Costs incurred in
Workshops affect maintenance costs of running the
Railways. Any extravagance in workshops is likely to tell
upon the operating costs resulting in erosion of profits.
It is therefore, necessary to have proper cost control over
expenses incurred in a Workshop. For this purpose, a Suspense
Head of account i.e., WMS is needed under which all expenses
in a Workshop are accumulated and analyzed so as to pinpoint
sources of waste and efficiency.
22
23. Workshop Manufacturing Suspense
– Plan Head 7200
- is a Capital Suspense Head of account.
Entire process of Collecting, valuating, analyzing
and booking of charges for doing the job or work
and watching the settlement of all accounts is
collectively known as WMS A/C.
23
24. Workshop Manufacturing Suspense
– Plan Head 7200
IN PUTS (Debits) OUT PUTS
(Credits)
1.Labour
2.Material 1. POH of Rolling stock
of Home Railway and
3.Contractual Foreign Rlys.
payments
2. Works executed for
4. Direct Purchases other Depts.
5. Overhead costs 3.Other Manufacturing
activities (captive
consumption)
24
25. Work order
As a rule any work undertaken in Shops
can only be started after an issue of
formal Work Order on the concerned
shop by P.C.O of the Workshop.
Each work order is the
basis for collecting
charges, allocating it to
the proper head of
account concerned and
watching clearance of
debits.
25
26. Workshop General Register
WGR
Is a Subsidiary - To collect the
register of WMS expenditure on It shows the
Account is account of charges incurred
maintained in Labour, Stores on each work
Workshop and on cost order whether in
Accounts Office. charges on hand or
various jobs completed, shop
undertaken wise.
during the month.
26
27. Out turn Statement
Adjustments to be
Part - I carried in the same
month of accounts
Out turn statement
Works in progress and
Part - II completed works
awaiting adjustments
27
28. Workshop Account Current
Debit Side Credit Side
To Opening Balance
Current year Debits Current year Credits
1. To Labour 1. By Debits to Works
2. To Stores from Stock 2. By Debits to Cap. Suspense-Stores
3. To Stores - Direct Purchases 3. By Debits to Revenue
4. To Contractual payments 4. By Debits to F.Rlys.
5. To Misc. payments
Total Debits Total Credits
By Closing Balance
28
29. Closing Balance represents
1. Works done pending acceptance of Bills
2. Stores stock credits awaiting adjustment
3. Under/Over charges – A) Due to Average hourly rates B ) Due to on cost
rates C) Due to manufacturing costs
4. Miscellaneous Debits
5. Misc. Items needing clearance due to want of details
29
31. Review of WMS Balances
1. All items are current and authorised .
2. Details consist of nothing else except unfinished
jobs and finished jobs awaiting acceptance.
3. No Credit Items.
4. For Deposit works – Advance payment is
received and extra charges, if any accepted by the
party.
5. No inefficient balances & under/over charges are
timely cleared and no long out standing dues
31
32. Development Suspense Account
In the initial stages of production partly due to lack of sufficient experience in the field of
manufacture and partly -due to gestation period to reach the ‘rated capacity' high cost of
manufacture was considered inevitable and it was considered to fix the transfer price at par
with landed cost of similar products.
The difference between the transfer price and the actual cost - kept under "Development
Sus-pense Account" - in the books of Production Units.
The balance under Development Suspense Account - to be wiped off in due course when the
time of production is stabilized.
32
33. History of incentive system
1. Decision taken by Railway Board in 1949
2. Introduced in CLW in 1954
3. Extended to ICF/Chennai in 1960
4. Later to Repair Workshops.
34. Incentive Scheme – Salient features
Basic wages are guaranteed
Time is the yardstick.
Workers classified into DW,EIW & IW.
Over Time Allowance is not applicable.
35. FIXATION OF ALLOWED
TIME
ACTUAL TIME x
OBSERVED RATING
TIME STUDY BY RATE NORMAL WORKER IMPROVES TO 80 UNITS
---------------------------------
FIXERS OF PCO RATING – 60 UNITS i.e., 33.33%
----
80 (INCENTIVE RATING)
36. ALLOWED TIME
Actual time – Limited No. of observations
RATING – Same job by different workers.
Fatigue, Contingency & Bonus - % added.
Preparatory time added.
Extra time can be allowed.
41. PITFALLS
Inoperative Time Recorder
Clocks
Job Cards kept with
Worker/Supervisor and not
in Time Booth.
GA card & Job card
reconciliation.
42. PITFALLS
Revision of allowed
time.
Revision of
sanctioned strength.
Review of % of EIW to
DW (Maximum 15 %)
43. ANNUAL ROLLING STOCK PROGRAMME
Annual rolling stock programme is a follow
up of the Five Year Plans
The five Year Plan - implemented -through
action oriented annual plan after a meeting
with the Planning Commission & Finance
Ministry
for Locos – 3 years in advance
For Carriages and wagons – 2 years in
advance
43
44. ANNUAL ROLLING STOCK PROGRAMME- ZONAL RLYS
Then approved by
GM before
Prepared by COPS
submitting the same
to Railway Board
After it is seen and Vetted by FA &CAO
supplemented by in regard to
CME allocation and
financial justification
44
45. ANNUAL ROLLING STOCK PROGRAMME- ZONAL RLYS
Points to be considered
1. Items of Rolling stock already
condemned and not replaced till end of
last year
2. Arrears of renewal on life basis to end
of last year (excludes i) already
condemned ii) already included in RSP
3. The renewal falling due on life basis
each of the next 3 years
45