Indian Railways contributed 21.30% of RRSK safety fund target in first five years

This audit examines the financial health, appropriation accounts, public sector enterprise performance, and the Rashtriya Rail Sanraksha Kosh (RRSK) of the Ministry of Railways for the year ended March 2025.

Ministry of Railways (Union Government), Indian Railways, and its Public Sector Enterprises.

• Net surplus of ₹ 2,660.28 crore in 2024-25, down from ₹ 3,259.68 crore in the previous year.
• Unsanctioned expenditure of ₹ 19,458.25 crore involving 1,321 cases, constituting 2.55% of total expenditure.
• Savings of ₹ 28,923.33 crore in 7 cases where savings exceeded ₹ 100 crore each.
• Backlog of renewal and replacement works for over-aged assets estimated at ₹ 6,448 crore due to under-provisioning for depreciation.
• RRSK internal resource contribution was only ₹ 5,324.62 crore against a target of ₹ 25,000 crore (21.30% achievement).
• ₹ 3,397.60 crore of RRSK funds utilized for non-priority works between 2022-23 and 2024-25.
• Throw-forward liability of ₹ 2,29,354 crore for ongoing RRSK-funded works.
• Recommendations include diversifying freight earnings, addressing asset renewal backlogs, regularizing unsanctioned expenditure, and ensuring dividend payments by subsidiaries as per DIPAM guidelines.

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