Government to coporatise Central Public Works Deparment

NEW DELHI: The Narendra Modi government has initiated a move to corporatise Central Public Works Department, its 162-year old main construction arm.

The move comes after a group of secretaries, appointed by Modi on health, urban development and sanitation sectors made a recommendation to this effect, saying that this will help decentralise CPWD’s operations and improve its performance.

The urban development ministry, the nodal ministry for CPWD, has floated a request for proposal or RFP to study the working and reorganisation of the department. The terms of reference include studying various aspects such as constituting CPWD as an autonomous central works board on the lines of Railway Board, separating the department’s maintenance functions and giving it to a not-for-profit company to be constituted as a subsidiary under the department.

The terms also include analysis of structure and organisation of CPWD and comparative analysis of other central government organisations in civil and electrical construction sectors.
Stay on top of business news with The Economic Times App. Download it Now!
FROM AROUND THE WEB

Yes, you can retire early with SIP!

Birla Sunlife MF

टी-20 का नया 'सिक्सर किंग'

NETWORK18 MEDIA & INVESTMENTS LIMITED

Maintain a CIBIL Score of 750+

CIBIL

MORE FROM ECONOMIC TIMES

Customer is your wife, says Aditya Puri

Scooter's back, with new hero on road

Coal India plans to produce oil & gas

From Around the WebMore from The Economic Times

New 2017 Grand i10 with advanced features

Hyundai

TATA VALUE HOMES PRESENTS “SMARTER NOIDA”

Tata Value Homes

Take a Pledge to #ReleaseThePressure

Mirinda

Get protection and savings in one plan

SBI LIFE INSURANCE

First foreign airline AirAsia lands at Srinagar airport

Infrastructure

Third eye: Will Karra bite the Anantnag bullet?

Former Chief Justice of India Altamas Kabir passes away