Indian Railways to save about Rs 60,000 Crore by digitising

Indian Railways to save about Rs 60,000 Crore by digitising

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New Delhi: The Indian Railways is developing a common digital platform integrating information from all departments as a roadmap for the future for bringing transparency in the system and enabling the public transporter to save about Rs 60,000 crore (approx US$ 9359.6 Million). Besides, the entire supply & procurement chain of Railways will be digitised to curb corruption.

More Details:

  1.  Railway Minister Suresh Prabhu said,”Our entire supply chain is being digitised. Payment will be made electronically and procurement will also be made electronically. It will curb corruption.”
  2.  “We are also doing ERP – enterprise resource planning – a complete digitisation process. All rail operations will be online. It aims to save about Rs 60,000 crore, according to industry estimates,”  Prabhu said.
  3.  ERP (Enterprise Resource Planning) system will be an IT-based platform for system-wide integration & planning.
  4.  He said,”Vision for Railways is to address those issues for which Railways is suffering today. Complete digitisation will enable operation can be managed from one place.”
  5.  “Organisations like Railways which are vast and complex must have a vision. We must have short term, medium term and long term vision and we must ensure a pan-India vision,” he said.
  6.  He said,”Punctuality is a casualty today because so many trains are passing on one line. A train coming to Delhi may have come in time but cannot enter Delhi because of congestion. Same  thing happens in Delhi airport like you hover around the airport.”
  7.  He has sanctioned 16,500 km of doubling and tripling as against only 22,000 km in the last 70 years, he said
  8.  The Railways’ vision is to save Rs 41,000 crore (approx US$ 6396.8 Million) in the energy bill in the next 10 years which includes solarisation, he further said.
  9.  He said,”We have plan for producing 1000 MW solar power… All our plants are subjected to energy audit so as to bring energy efficiency. We are also using LED bulbs to conserve energy.”
  10.  42 per cent of Railway lines are electrified today.
  11.  He said,”All broad gauge will be electrified in the country and and all metre gauge will be converted into broad gauge. It will benefit the Railways as train speed will increase and most importantly  also help in reducing cost of energy.”

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