Railways proposes to set up an Innovations Incubation Center to harness the ideas generated from the staff of Indian Railways and convert them into practical solutions to increase efficiency of the system.
Presenting the Railway Budget in Parliament today the Minister of Railways D. V. Sadananda Gowda said innovations which result in cost saving as well as revenue generation will be suitably rewarded in the form of incentive.
As part of this exercise, it is also proposed to set up summer internships for the undergraduates of engineering and management studies. Students can intern at any of the various units of Railways i.e. Division, PSUs and Production Units.