Ministry of Railways Recruits ADDL GM / JGM (FINANCE) -67,000 Salary India.
Qualification : Any Graduate
No Of Vacancy : 02 Posts
Salary : Rs-37,400-67,000/-pm
Location : Across India
Last Date To Apply : 30/06/2015
Detail Of Ministry of Railways ADDL. GM/JGM (FINANCE)Recruitment:
Ministry of Railways Recruits ADDL GM
- Company Name : Ministry of Railways
- Vacancy Name : ADDL. GM/JGM (FINANCE)
- Educational Qualification : Any Graduate
- Total No Of Vacancy : 02 Posts
- Salary : Rs-37,400-67,000/-pm
- Job Location : Across India
- Last Date To Apply For This Job : 30/06/2015
Selection Procedure For Ministry of Railways – ADDL. GM/JGM (FINANCE) Post:
- Candidates can apply on or before 30/06/2015
- No Detailed information about the selection process is mentioned in the recruitment notification
How To Apply For ADDL. GM/JGM (FINANCE) Vacancy in Ministry of Railways:
WEB ADDRESS: www.indianrailways.gov.in\railwayboard, then click for IR personnel and then vacancy circulars.
IRFC is dedicated financing arm of the Ministry of Railways. Its sole objective is to raise money from the market to part finance the plan outlay of Indian Railways. The money so made available is used for acquisition of rolling stock assets and for meeting other developmental needs of the Indian Railways.
The borrowing programme of IRFC is guided by the requirements projected by Ministry of Railways. The company has successfully met the targeted borrowings year after year, through issue of both taxable and tax-free Bonds, term loans from banks/financial institutions and through off shore borrowings. IRFC also makes use of innovative financial instruments to diversify the debt portfolio and to minimize the cost. Its contribution to infrastructure build-up in Railways is very significant. Till March 2014, Rolling Stock assets – 7,289 Locomotives, 41,432 passenger coaches and 1,85,362 freight cars valued at Rs. 1,12,266 crore have been added to the asset base of the Indian Railways with funding assistance from IRFC. IRFC’s funding has support technology infusion in the Railways and has enabled Ministry of Railways to purchase new generation Locomotives from General Motors (USA) alongwith transfer of technology and new general Coaches from Germany for use in high speed/Shatabdi trains.
IRFC’s share in funding of the most productive high capacity wagons and high horse power locomotives is very significant. Acquisition of high capacity & efficient assets with IRFC funding has gone a long way in increasing traffic output and revenue growth over the years. Around 50% of the revenue earning rolling stock assets operating on the Indian Railways network is funded by IRFC.
CLOSING DATE: 30 DAYS FROM DATE OF ISSUE
Important Dates To Remember :
Last Date to Apply for this job 30/06/2015
Reference: Ministry of Railways Recruitment 2015 – VACANCY NOTICE NO. 206/2015
Address For The Job Vacancy
Ministry of Railways
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