Indian Railway Innovation Policy

On 13th June, 2022, the government launched Indian Railway Innovation Policy- “StartUps for Railways”.

Objective

  • Leveraging new innovative technologies, developed by entrepreneurs and Startups, for improving Operational efficiency & Safety on Indian Railways.

Salient Features

  • Grant up to Rs. 1.5 Crore to innovator on equal sharing basis with provision of milestone-wise payment.
  • Complete process from floating of problem statement to development of prototype is online with defined time line to make it transparent and objective.
  • Trials of prototypes will be done in Railways. Enhanced funding will be provided to scale up deployment on successful performance of prototypes.
  • Selection of Innovator/s will be done ....
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