Difference between M&P and T&P

Difference between M&P and T&P

 

Source: Para 1019 & 1020 of Rolling Stock Code

 

SN	M&P		SN	T&P
1	M&P stands for Machinery & Plant		1	T&P stands for Tools & Plant
2	A Machine that remains stationary nd immovable (Job comes to Machine) and all Vehicles (all types)		2	An item that is movable (Machine comes to Job)
3	Examples: All immovable Machines, Staff cars, Lorries, Buses, Ambulances, Road Mobile cranes,  etc		3	Examples: Pneumatic drills, power saws, tools and plants such as jigs & fixtures. Small tools & equipment. Upkeep of Office such as Furniture, computers, printers etc
4	Costing more than Rs. 50 Lakhs and Vehicles irrespective of its cost  processed through M&P Portal (maintained by Railway Board)   Costing up to Rs. 50 Lakhs each - (except Vehicles) can be sanctioned by Zonal Railways under GM’s powers		4	Costing up to Rs. 10 Lakhs referred as T&P and procured by Zonal Railways
5	Charged to Capital (Plan Head 41 - M&P)		5	Charged to Revenue

 

Key Points for MCQ

1. M&P stands for Machinery & Plant 
2. T&P stands for Tools & Plant 
3. M&P - Job comes to Machine
4. T&P - Machine comes to Job 
5. M&P - costing more than Rs. 50 Lakhs processed through M&P Portal
6. All Road vehicles treated as M&P irrespective of Value and processed through M&P Portal
7. M&P portal maintained by Railway Board 
8. M&P - costing less than Rs. 50 Lakhs - processed by Zonal Railways under GM’s powers
9. T&P - costing up to Rs. 10 Lakhs charged to Revenue
10. M&P charged to Capital (Plan Head 41) 

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