New Delhi, Feb. 26 -- Union Minister for Railways Ashwini Vaishnaw on Thursday announced the RailTech Policy and the complete digitisation of the Railway Claims Tribunal (RCT) as Reform Number Three and Reform Number Four under Indian Railways' flagship "52 Reforms in 52 Weeks" initiative.

The Rail Tech Policy aims to engage innovators, startups, industry and institutions to promote innovation in Indian Railways. The new policy simplifies the selection of innovators and introduces a dedicated "Rail Tech Portal" for innovation. Innovation challenges can be initiated by any innovator or departmental user, with a single-stage detailed submission of proposals.

The policy provides a user-friendly interface, increases the scale-up grant more ...