{"id":103159,"date":"2026-02-26T09:15:37","date_gmt":"2026-02-26T12:15:37","guid":{"rendered":"https:\/\/tech.einnews.com\/article\/895762607"},"modified":"2026-02-26T09:15:37","modified_gmt":"2026-02-26T12:15:37","slug":"railways-to-underwrite-half-of-startup-rd-costs-in-new-tech-push","status":"publish","type":"post","link":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/2026\/02\/26\/railways-to-underwrite-half-of-startup-rd-costs-in-new-tech-push\/","title":{"rendered":"Railways to underwrite half of startup R&amp;D costs in new tech push"},"content":{"rendered":"<div><img data-opt-id=758893364  fetchpriority=\"high\" decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" fifu-lazy=\"1\" fifu-data-sizes=\"auto\" fifu-data-srcset=\"https:\/\/mlmjbqro95r8.i.optimole.com\/cb:bOxR.6a5\/w:auto\/h:auto\/q:mauto\/f:best\/https:\/\/i0.wp.com\/www.livemint.com\/lm-img\/img\/2026\/02\/26\/1600x900\/logo\/Railways_Mint_1772107506446_1772107515700.jpg?ssl=1&w=75&resize=75&ssl=1 75w, https:\/\/mlmjbqro95r8.i.optimole.com\/cb:bOxR.6a5\/w:auto\/h:auto\/q:mauto\/f:best\/https:\/\/i0.wp.com\/www.livemint.com\/lm-img\/img\/2026\/02\/26\/1600x900\/logo\/Railways_Mint_1772107506446_1772107515700.jpg?ssl=1&w=100&resize=100&ssl=1 100w, https:\/\/mlmjbqro95r8.i.optimole.com\/cb:bOxR.6a5\/w:auto\/h:auto\/q:mauto\/f:best\/https:\/\/i0.wp.com\/www.livemint.com\/lm-img\/img\/2026\/02\/26\/1600x900\/logo\/Railways_Mint_1772107506446_1772107515700.jpg?ssl=1&w=150&resize=150&ssl=1 150w, https:\/\/mlmjbqro95r8.i.optimole.com\/cb:bOxR.6a5\/w:auto\/h:auto\/q:mauto\/f:best\/https:\/\/i0.wp.com\/www.livemint.com\/lm-img\/img\/2026\/02\/26\/1600x900\/logo\/Railways_Mint_1772107506446_1772107515700.jpg?ssl=1&w=240&resize=240&ssl=1 240w, https:\/\/mlmjbqro95r8.i.optimole.com\/cb:bOxR.6a5\/w:auto\/h:auto\/q:mauto\/f:best\/https:\/\/i0.wp.com\/www.livemint.com\/lm-img\/img\/2026\/02\/26\/1600x900\/logo\/Railways_Mint_1772107506446_1772107515700.jpg?ssl=1&w=320&resize=320&ssl=1 320w, https:\/\/mlmjbqro95r8.i.optimole.com\/cb:bOxR.6a5\/w:auto\/h:auto\/q:mauto\/f:best\/https:\/\/i0.wp.com\/www.livemint.com\/lm-img\/img\/2026\/02\/26\/1600x900\/logo\/Railways_Mint_1772107506446_1772107515700.jpg?ssl=1&w=500&resize=500&ssl=1 500w, https:\/\/mlmjbqro95r8.i.optimole.com\/cb:bOxR.6a5\/w:auto\/h:auto\/q:mauto\/f:best\/https:\/\/i0.wp.com\/www.livemint.com\/lm-img\/img\/2026\/02\/26\/1600x900\/logo\/Railways_Mint_1772107506446_1772107515700.jpg?ssl=1&w=640&resize=640&ssl=1 640w, https:\/\/mlmjbqro95r8.i.optimole.com\/cb:bOxR.6a5\/w:auto\/h:auto\/q:mauto\/f:best\/https:\/\/i0.wp.com\/www.livemint.com\/lm-img\/img\/2026\/02\/26\/1600x900\/logo\/Railways_Mint_1772107506446_1772107515700.jpg?ssl=1&w=800&resize=800&ssl=1 800w, https:\/\/mlmjbqro95r8.i.optimole.com\/cb:bOxR.6a5\/w:auto\/h:auto\/q:mauto\/f:best\/https:\/\/i0.wp.com\/www.livemint.com\/lm-img\/img\/2026\/02\/26\/1600x900\/logo\/Railways_Mint_1772107506446_1772107515700.jpg?ssl=1&w=1024&resize=1024&ssl=1 1024w, https:\/\/mlmjbqro95r8.i.optimole.com\/cb:bOxR.6a5\/w:auto\/h:auto\/q:mauto\/f:best\/https:\/\/i0.wp.com\/www.livemint.com\/lm-img\/img\/2026\/02\/26\/1600x900\/logo\/Railways_Mint_1772107506446_1772107515700.jpg?ssl=1&w=1280&resize=1280&ssl=1 1280w, https:\/\/mlmjbqro95r8.i.optimole.com\/cb:bOxR.6a5\/w:auto\/h:auto\/q:mauto\/f:best\/https:\/\/i0.wp.com\/www.livemint.com\/lm-img\/img\/2026\/02\/26\/1600x900\/logo\/Railways_Mint_1772107506446_1772107515700.jpg?ssl=1&w=1600&resize=1600&ssl=1 1600w\" fifu-data-src=\"https:\/\/mlmjbqro95r8.i.optimole.com\/cb:bOxR.6a5\/w:auto\/h:auto\/q:mauto\/f:best\/https:\/\/i0.wp.com\/www.livemint.com\/lm-img\/img\/2026\/02\/26\/1600x900\/logo\/Railways_Mint_1772107506446_1772107515700.jpg?ssl=1\" class=\"ff-og-image-inserted\"><\/div>\n<div id=\"article-index-0\" class=\"storyParagraph\">\n<p><span>New Delhi: India is opening its massive railway network to the country\u2019s startup ecosystem, offering to fund up to half of the development costs for new technologies in a bid to modernize the world\u2019s most populous nation\u2019s primary transport system.<\/span><\/p>\n<\/div>\n<div id=\"article-index-1\" class=\"storyParagraph\">\n<p><span>The Indian Railways on Thursday unveiled the third and fourth sets of measures under the government\u2019s \u201852 reforms in 52 weeks\u2019 programme, launching a new Rail Tech Policy to promote innovation and announcing complete digitization of the Railway Claims Tribunal (RCT) to speed up case disposal.<\/span><\/p>\n<\/div>\n<div id=\"article-index-2\" class=\"storyParagraph\">\n<p><span>The latest measures are part of what Prime Minister Narendra Modi has described as a \u2018Reforms Express\u2019 aimed at structural transformation of the national transporter this year.<\/span><\/p>\n<\/div>\n<div id=\"article-index-3\" class=\"storyParagraph\">\n<p><span>Announcing the reforms, railway minister Ashwini Vaishnaw said the Rail Tech Policy seeks to build a robust technology ecosystem for the railways by encouraging startups, innovators, industry and academic institutions to develop solutions across safety, security, asset maintenance and grievance redressal.<\/span><\/p>\n<\/div>\n<div id=\"article-index-4\" class=\"alsoRead\"><strong>Also Read<\/strong> <!-- -->|<!-- --> <a href=\"https:\/\/www.livemint.com\/news\/nhais-barrier-free-tolling-plan-runs-into-a-security-bump-over-chinese-cameras-11772014848350.html\">Barrier-free tolling runs into a Chinese security bump<\/a><\/div>\n<div id=\"article-index-5\" class=\"storyParagraph\">\n<p><span>Under the policy, the <\/span><a class=\"backlink\" target=\"_blank\" href=\"https:\/\/www.livemint.com\/economy\/indian-railways-green-energy-tender-renewable-energy-electrifcation-power-11770886835771.html\" data-vars-page-type=\"story\" data-vars-link-type=\"Manual\" data-vars-anchor-text=\"railways\">railways<\/a> will fund up to 50% of the project costs proposed by startups. If a project proves successful, the national transporter will place orders for a substantial period to enable scaling up of the technology, Vaishnaw said.<\/p>\n<\/div>\n<div id=\"article-index-6\" class=\"storyParagraph\">\n<p><span>The policy also proposes a simplified process for selecting innovators and creating a dedicated Rail Tech Portal to anchor innovation efforts. Innovation challenges can be initiated either by innovators or by departmental users within the railways, creating a two-way channel for problem-solving.<\/span><\/p>\n<\/div>\n<div id=\"article-index-7\" class=\"storyParagraph\">\n<p><span>\u201cThe objective is to create a strong <\/span><a class=\"backlink\" target=\"_blank\" href=\"https:\/\/www.livemint.com\/companies\/start-ups\/spacetech-startups-india-venture-capital-funding-space-infra-launches-11769653987384.html\" data-vars-page-type=\"story\" data-vars-link-type=\"Manual\" data-vars-anchor-text=\"startup\">startup<\/a> ecosystem aligned with the operational needs of the railways,\u201d Vaishnaw said, adding that the initiative would help accelerate adoption of emerging technologies, including artificial intelligence-based applications.<\/p>\n<\/div>\n<div id=\"article-index-8\" class=\"storyParagraph\">\n<p><span>In parallel, the railways launched the electronic Railway Claims Tribunal (e-RCT) programme, aimed at fully digitizing the tribunal&#8217;s operations within 12 months. The reform is intended to fast-track settlements, reduce pendency and improve transparency.<\/span><\/p>\n<\/div>\n<div id=\"article-index-9\" class=\"alsoRead\"><strong>Also Read<\/strong> <!-- -->|<!-- --> <a href=\"https:\/\/www.livemint.com\/companies\/news\/india-eyes-shipbuilding-big-league-as-cochin-shipyard-csl-hd-hyundai-near-500-million-jv-11771842275507.html\">India eyes shipbuilding big league as Cochin Shipyard, HD Hyundai near $500mn JV<\/a><\/div>\n<div id=\"article-index-10\" class=\"storyParagraph\">\n<h2><strong>Digitizing justice<\/strong><\/h2>\n<p><span>The RCT handles compensation claims arising from railway accidents, untoward incidents, and other passenger-related grievances. According to the minister, the number of pending cases has already declined from about 34,000 a few years ago to around 9,500, reflecting a 60-70% reduction in pendency.<\/span><\/p>\n<\/div>\n<div id=\"article-index-11\" class=\"storyParagraph\">\n<p><span>The e-RCT will connect all 23 benches of the tribunal digitally across the country and enable litigants to file cases electronically from anywhere, with round-the-clock access.<\/span><\/p>\n<\/div>\n<div id=\"article-index-12\" class=\"storyParagraph\">\n<p><span>The digital platform will have three modules. The first is an e-filing system that will allow 24\/7 online submission of claims. The second is a Case Information System (CIS), which will serve as a centralized digital database tracking a case from filing to final judgment, including hearings, evidence submissions and adjournments. The third is a Document Management System (DMS), a central repository of all case-related documents, orders and judgments.<\/span><\/p>\n<\/div>\n<div id=\"article-index-13\" class=\"storyParagraph\">\n<p><span>Officials said the system will provide automatic alerts and notifications to users, enable real-time case monitoring and introduce automated document handling. <\/span><a class=\"backlink\" target=\"_blank\" href=\"https:\/\/www.livemint.com\/industry\/infotech\/ai-impact-india-it-services-nasscom-forum-ceo-fears-jobs-11772089531937.html\" data-vars-page-type=\"story\" data-vars-link-type=\"Manual\" data-vars-anchor-text=\"Artificial intelligence\">Artificial intelligence<\/a> tools will be used to assist in case processing and generate insights for benches, with the aim of speeding up resolution.<\/p>\n<\/div>\n<div id=\"article-index-14\" class=\"alsoRead\"><strong>Also Read<\/strong> <!-- -->|<!-- --> <a href=\"https:\/\/www.livemint.com\/companies\/news\/india-eyes-shipbuilding-big-league-as-cochin-shipyard-csl-hd-hyundai-near-500-million-jv-11771842275507.html\">India eyes shipbuilding big league as Cochin Shipyard, HD Hyundai near $500mn JV<\/a><\/div>\n<div id=\"article-index-15\" class=\"storyParagraph\">\n<p><span>Vaishnaw described the e-RCT as a citizen-centric reform designed to modernize the tribunal\u2019s functioning and improve accessibility for claimants, particularly those located far from tribunal benches.<\/span><\/p>\n<\/div>\n<div id=\"article-index-16\" class=\"storyParagraph\">\n<p><span>\u201cIf the model is successful, it can be replicated by other tribunals, including the Central Administrative Tribunal,\u201d he said.<\/span><\/p>\n<\/div>\n<div id=\"article-index-17\" class=\"storyParagraph\">\n<p><span>The third and fourth rounds of reforms follow two earlier measures announced under the programme\u2014a long-term, end-to-end cleaning initiative across the rail network and a revamp of Gati Shakti Cargo Terminals to improve freight handling efficiency.<\/span><\/p>\n<\/div>\n<div id=\"article-index-18\" class=\"storyParagraph\">\n<p><span>With the latest announcements, the railways is attempting to combine operational reforms with technology-led interventions, even as it pushes for faster project execution and improved passenger services as part of its broader modernization agenda.<\/span><\/p>\n<\/div>\n<div class=\"keytakeAway\">\n<p>Key Takeaways<\/p>\n<ul>\n<li>Railways is shifting to a co-investor role, funding 50% of startup R&amp;D.<\/li>\n<li>Successful tech pilots are expected to lead to long-term scale-up orders, a major win for the Indian startup ecosystem.<\/li>\n<li>The e-RCT aims to eliminate the need for physical presence for claims, using AI to speed up the remaining 9,500 cases.<\/li>\n<li>The \u201852 reforms in 52 weeks\u2019 indicates a high-velocity policy environment for the sector this year.<\/li>\n<li>The digital claims model is being positioned as a \u2018proof of concept\u2019 for all Indian administrative tribunals.<\/li>\n<\/ul>\n<\/div>\n<p><strong><a href=\"https:\/\/blockads.fivefilters.org\"> <\/a><\/strong> <a href=\"https:\/\/blockads.fivefilters.org\/acceptable.html\"> <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8230; launching a new Rail <span class=\"match\">Tech<\/span> Policy to promote innovation and &#8230; Rail <span class=\"match\">Tech<\/span> Policy seeks to build a robust <span class=\"match\">technology<\/span> ecosystem &#8230; enable scaling up of the <span class=\"match\">technology<\/span>, Vaishnaw said. The &#8230; to combine operational reforms with <span class=\"match\">technology<\/span>-led interventions, even as &#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-103159","post","type-post","status-publish","format-standard","hentry","category-news","wpcat-1-id"],"_links":{"self":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts\/103159","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/comments?post=103159"}],"version-history":[{"count":0,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts\/103159\/revisions"}],"wp:attachment":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/media?parent=103159"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/categories?post=103159"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/tags?post=103159"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}