'Malaviya Chair' for Railway Technology
Presenting the Railway Budget for 2015-16 in Parliament on Thursday, he observed that every dynamic and thriving organization needs to innovate and re-invent its practices.
Prabhu said to mark the centenary celebrations of Banaras Hindu University, Railways proposes to set up ‘Malaviya Chair’ for Railway Technology at IIT (BHU), Varanasi. This Chair will help in development of new materials to be used in all assets of Railways.
Railways have decided to strengthen the RDSO into an organization of excellence for applied research. RDSO would collaborate with institutions of repute. Railways will set up in 2015-16 four Railway Research Centers in select universities for doing fundamental research, he informed
The Railways Minister stressed on the need to invest in fundamental and applied research for seeking solutions to rail-specific issues.
Railways intends to set up a technology portal to invite innovative technological solutions, he said.
Prabhu informed that a consortium of Ministry of Railways, Ministry of Human Resource Development, Ministry of Science And Technology and Industries on an Investment Sharing Model is being set up as part of Technology Mission for Indian Railways to take up identified Railway projects for research.
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