Mission PACE of Avataran

Q.  Mission PACE of Avataran under IR is for
- Published on 01 Mar 16

a. Speed of trains
b. Bullet trains
c. Rapid modernization of Railways
d. Procurement

ANSWER: Procurement
 
  • Mission PACE (Procurement and Consumption Efficiency): To capture significant savings and improvement in the quality of goods and services, IR needs to bring procurement practices in line with international best practices.
  • The process will involve challenging our consumption norms and assimilating a culture of optimum usage by adopting practices such as Vendor Managed Inventory, direct procurement of HSD, etc.
  • IR is carrying out a comprehensive review of procurement and consumption of HSD including arresting leakages and aim to save more than Rs 1,500 crore in 2016-17.
  • IR will also bring in new procedures for identification and disposal of scrap.

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