Railway Board Deputes S.V. Chary as AGM Finance at MRVC Mumbai
New Delhi: The Ministry of Railways has approved the deputation of Shri S.V. Chary (IRAS) to Mumbai Railway Vikas Corporation as Additional General Manager (Finance) in Mumbai.
The order was issued by the Railway Board and communicated to Central Railway for implementation.
Deputation Tenure and Role
According to the official order:
- The deputation is effective from 29 January 2025 (afternoon).
- Tenure will continue until 10 September 2028 (superannuation) or until further orders, whichever is earlier.
- The appointment is subject to exemption of MRVC from the rule of immediate absorption.
Shri Chary previously served as Deputy FA & CAO (Finance Headquarters), Central Railway, Mumbai.
Pay and Allowances
During deputation, the officer will:
- Draw pay as admissible in the Railways
- Receive deputation (duty) allowance as per DoPT and Railway Board guidelines
- Continue to be governed by Railway rules for leave, retirement benefits, travel allowance and group insurance
- Be eligible for medical facilities under the borrowing organisation or Railway Medical facilities as per rules
Administrative Significance
The move strengthens financial leadership at Mumbai Railway Vikas Corporation, a key infrastructure entity responsible for capacity enhancement and suburban rail development in Mumbai.
The Railway Board confirmed the deputation with concurrence of the Finance Directorate and circulated the order to relevant audit and railway authorities.