Rajeev changes his Swaroop
It seems everyone in the RIICO was waiting for Managing director Mugdha Sinha to proceed on long leave. As soon she went on leave many of her decision were reversed by the RIICO’s IDC committee. Ms. Sinha had not released minutes of IDC meeting held on August 19 because the decisions were contrary to her wishes. But, after she went on leave, the minutes of the meeting in which many important decisions were taken immediately released. Some of these decisions show that MD’s wings have been clipped.
Let’s tell you one by one about the decisions taken in the RIICO’s IDC meeting. RIICO chairman has cancelled contracts for works in Giloth that were issued by the MD on a single tender. Ms. Sinha had given a single bidder contracts worth Rs 7 crore in the previous IDC meeting. Further, it has been clearly mentioned in the minutes about objections to single tender in Giloth. “What is in Giloth that single tenders are given,” it was asked as the RIICO chairman has instructed GM (Civil) to visit Giloth to investigate the matter.
The MD had also issued order for online payments for all works, which resulted in problems in case of small payments. …read more