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Railways to implement ERP solution in next few months: Suresh Prabhu

He said railways will completely move towards the e-tendering process to eliminate corruption

Press Trust of India  |  New Delhi 

Railway Minister Suresh Prabhu. Photo: PTI
Railway Minister Suresh Prabhu. Photo: PTI

The will move to technology-enabled enterprise resource planning (ERP) solution in the next few months, Minister said on Thursday.

"It is a great opportunity for to improve productivity through technology. could be a game changer. Implementation of in will be world's biggest We will start implementing it in the next few months," said at ICAl's sustainable infrastructure event in New Delhi.

In the next course of few years, railways will completely move towards the e-tendering process to eliminate corruption, he said.

To make railways clean and transparent, the ministry is moving towards the e-tendering process where every tender will have to go through the electronic channel only.

Besides, the ministry is in the process of bringing in reforms in terms of accounting and a regulatory framework will be put in place. The proposed regulatory framework is to be tasked with fixing fares, the minister said.

The proposed regulatory authority will play a crucial role in deciding rail tariffs while the Railway Infrastructure Development Fund will be used in remunerative projects that have scope for good returns in a shorter period, he said.

To expand railway infrastructure and increase capacity, the ministry has undertaken doubling of rail lines measuring 12,500 kilometres in the last two-and-a-half years, said.

The Railways has planned a medium-term capital investment plan of Rs 8.56 lakh crore for the next five years.

First Published: Thu, March 23 2017. 16:35 IST