CHANDIGARH / NEW DELHI – Jai Bhagwan Singh, a senior officer of the Indian Railway Accounts Service (IRAS), has officially transitioned to Rail Vikas Nigam Limited (RVNL) to bolster its financial management in the northern region.
The Railway Board approved his deputation on February 3, 2026, confirming his new role as Joint General Manager (Finance) at the RVNL office in Chandigarh.
Key Deputation Details
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Effective Date: December 31, 2025.
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Tenure: Valid until November 30, 2029 (the date of his superannuation), or until further orders.
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Previous Role: Deputy Financial Adviser & Chief Accounts Officer (Pension), Northern Railway (NR).
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Additional Experience: He recently held additional charge as Deputy FA&CAO for the Central Organisation for Modernisation of Workshops (COFMOW).
Service Terms & Benefits
As a “Navratna” PSU, RVNL attracts top-tier talent through central deputation. The terms for Shri Singh’s appointment include:
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Pay & Allowances: He will continue to draw pay and allowances applicable to his parent Railway cadre, along with a Deputation (Duty) Allowance per DoPT guidelines.
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Rules of Engagement: He remains governed by Railway rules regarding leave, retirement benefits, and railway passes.
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Repatriation Clause: The Railway Board has stipulated that the officer must return to the parent cadre within one month of completing his tenure, failing which it will be deemed a resignation from Railway service.
Strategic Significance for RVNL
The posting of a senior Finance officer at the Chandigarh unit is significant as RVNL continues to execute high-value projects in the region, including:
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Bhanupali-Bilaspur-Beri New Line: A critical rail link connecting Himachal Pradesh.
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Station Redevelopment: Modernization of key stations under the Amrit Bharat scheme.
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Hill Rail Projects: Oversight of complex geotechnical and financial budgeting for Himalayan infrastructure.
