Public procurement: a case study of the Indian Railways
AbstractIndian Railways is one of the world’s largest public sector organizations. Its network, traffic, organization and extent of vertical integration are gigantic. This paper undertakes a critical examination of its procurement process to understand the procedures and institutional mechanisms which have evolved over time for safeguarding institutional interests. The paper examines issues such as organizational structure, procurement organization, source selection methodology, procurement oversight and regulation and their impact on the economy, efficiency, transparency and accountability aspects of procurement. It is found that a unique combination of internal vigil, external oversight by independent bodies and organizational characteristics contribute to robust procurement processes.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 38579.
Date of creation: 04 May 2012
Date of revision:
procurement; public systems; India; oversight; transport;
Find related papers by JEL classification:
- H83 - Public Economics - - Miscellaneous Issues - - - Public Administration
- H76 - Public Economics - - State and Local Government; Intergovernmental Relations - - - Other Expenditure Categories
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-05-15 (All new papers)
- NEP-HME-2012-05-15 (Heterodox Microeconomics)
- NEP-TRE-2012-05-15 (Transport Economics)
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