Ministry of Railways has constituted a high level committee for improving financial health of Indian Railways. The Committee headed by former Secretary to Govt. of India, D.K. Mittal will identify factors, issues and avenues for improving the financial health. It will recommend ways and means for monetization of resources of Indian Railways and will identify other sources of funding for meeting the long terms modernization, expansion and updation needs of Railways. It will also identify avenues for reduction in expenditure and impediments and suggest remedial measures. Secretary Economic Affairs, Advisor Accounts in Railway Board, Chairman and Managing Director, CMD of Rail India Technical and Economic Service, CMD IRCON, CMD Container Corporation of India Ltd, Managing Director Railways Land Development Authority, M/s Boston Consulting Group (India) Private Ltd, M/s Mckensey India are the members of the committee. Executive Director of Finance Resource Mobilization Ms. NMIT Mehrotra will be associate on behalf of the Ministry of Railways in the committee.