- GOI has declared a grant of up to ₹ 1.5 Crore to ‘innovators’ on ‘an equal sharing basis with the provision of ‘milestone-wise payment’.
- The complete process from ‘floating of problem statement’ to ‘development of prototype’ is online with a ‘defined timeline’ to make it transparent;
- ‘Trials of prototypes’ will be done in Railways.
- ‘Enhanced funding’ will be provided to ‘scale up deployment’ on ‘successful performance of prototypes’.
- Selection of ‘Innovators’ will be done by a ‘transparent and fair system’ which will be dealt with through an ‘online portal’.
- Developed ‘Intellectual property rights (IPR)’ will remain with innovators only.
- ‘De-centralization’ of the complete ‘product development process will be done at the divisional level to avoid delays.
Issues Identified
- In the month of May 2022, ‘field units’ were asked to provide ‘Problem Areas’.
- In response to it, around ‘160 problem statements’ have been received till date.
- To start with, ’11 problems statements’ have been identified to deal via ‘new Innovation Policy’ and uploaded on the portal.
- Broken Rail Detection System;
- Rail Stress Monitoring System;
- ‘Headway Improvement System’ for ‘suburban section interoperable’ with ‘Indian Railways National ATP system’
- Automation of ‘Track Inspection Activities’;
- Design of ‘superior Elastomeric Pad (EM Pad)’ for ‘Heavy Haul freight Wagons’;
- Development of ‘online Condition Monitoring System’ for traction motors of ‘3-phase Electric Locomotives’;
- ‘Light-weight wagon’ for ‘transporting commodities’ like Salt;
- Development of ‘analytical tool’ by using ‘digital data’ for improving ‘passenger services’;
- Track Cleaning Machine;
- App for ‘post-training revision & self-service refresher courses’;
Use of ‘Remote Sensing, Geomatics and GIS (geographic information system)’ for ‘bridge inspection’
Expected Benefits
- This policy will bring ‘scale and efficiency in the field of ‘operation, maintenance, and infrastructure creation’ through ‘participation of a very large and untapped start-up ecosystem’;
- It also aims to ‘leverage innovative technologies developed by ‘Indian Start-ups /MSMEs /Innovators /Entrepreneurs’ to improve the ‘operational efficiency and Safety’ of Indian Railways;
It will Promote ‘Innovation Culture’ in the country for ‘co-creation and co-innovation in the Railway sector.