Railway Board Formalizes Senior Officer's Deputation to Rail Land Development Authority
The Ministry of Railways (Railway Board) has issued an order granting formal, post-facto approval for the deputation of a senior Indian Railway Accounts Service (IRAS) officer to a key role in the Rail Land Development Authority (RLDA).
Official Deputation Details:
As per the order (No. 2022/E(O)II/4/14), the competent authority has approved the deputation of Shri Ramanand Bhagat (IRAS) to RLDA, Delhi, in the capacity of Executive Director/Finance.
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Tenure: The deputation is sanctioned for a period of three years.
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Effective From: The term is counted from his initial joining at RLDA as General Manager/Accounts, i.e., from January 25, 2023.
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Condition: The deputation will last for the approved period or until further orders, whichever is earlier.
Officer's Profile:
Shri Ramanand Bhagat (Date of Birth: March 5, 1971) is a 2000-batch IRAS officer. Prior to this role at RLDA, he served as the Financial Advisor & Chief Accounts Officer (Works & Stores) for the East Central Railway.
About RLDA:
The Rail Land Development Authority is a statutory body under the Ministry of Railways responsible for the commercial development of vacant railway land. The role of Executive Director/Finance is crucial for overseeing the financial management, monetization strategies, and fiscal discipline of RLDA's high-value development projects across India.
This order regularizes the officer's assignment, providing a clear administrative framework for his continued role in managing the financial aspects of railway land asset monetization—a key priority area for infrastructure development and resource generation for the railways.