NF Railway launches railway start-ups initiative

GUWAHATI: Indian Railways has taken an important initiative in the field of innovation through participation of start-ups and other entities. The Minister of Railways, Communications and Electronics & Information Technology, Ashwini Vaishnaw, launched an innovation policy - 'Start-Ups for Railways' on June 13 at the Rail Bhavan in New Delhi. In line with Indian Railways' initiatives towards innovative solution to acquire operational efficiency and safety, Anshul Gupta, General Manager of Northeast Frontier (NF) Railway, held a press conference in Guwahati on Wednesday, stated a press release.

The General Manager informed that the policy aims to bring scale and efficiency in the field of operation, maintenance and infrastructure creation through participation of the very large and untapped start-up ecosystem. Gupta said that the integration of disruptive technology into Indian Railways have taken a firm shape in form of this initiative.

The General Manager said that 11 problem statements like rail fracture, headway reduction etc., have been taken up initially for this programme. These will be presented before the start-ups to find innovative solutions. The General Manager urged the start-ups to use this opportunity and ensured them of support from Indian Railways in form of 50 per cent capital grant, assured market, scale and ecosystem. Under this programme, innovator can get a grant up to Rs 1.5 crore on equal sharing basis with provision of milestone-wise payment.

Replying to various queries about restoration works in Dima Hasao, the General Manager stated that restoration in 46 out of 61 breaches have been completed and in 15 critical locations work is going on in full swing. He further stated that there are chances of resuming are train services up to New Haflong from Badarpur by June 20.

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