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A major boost to Ease of Doing Business in Indian Railways

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Capital Market
Last Updated : Apr 09 2018 | 2:31 PM IST
In order to boost Ease of doing Business in Indian Railways, Research Design & Standards Organization (RDSO) is keenly approaching Indian industry through Vendor meets being organized in various cities where senior officers of RDSO interact with the prospective vendors, educate them about the features and ease of using the new online vendor registration system.

The first such vendor meet in coordination with Laghu Udyog Bharti, Rajkot was organized on 24.01.2018 at Rajkot in which Queries/Doubts from the around 200 vendors present were resolved on the spot by senior officials in a Question-Answer session. Similar Vendor meets have since been held at other cities such as Faridabad, Ludhiana, Sahibabad, Coimbatore, Pune and Noida on 22.02.2018, 07.03.2018, 09.03.2018, 15.03.2018, 04.04.2018 and 05.04.2018 respectively. The efforts are being very well appreciated by industry. Further such meets are planned in April and May 2018 at seven more places. Details are as under:-

SN Location of Vendor meet Date No. of Vendors Participated1 Rajkot 24.01.2018 2002 Faridabad 22.02.2018 753 Ludhiana 07.03.2018 904 Sahibabad 09.03.2018 605 Coimbatore 15.03.2018 306 Pune 04.04.2018 1107 Noida 05.04.2018 908 Kanpur 06.04.2018 Proposed9 Jamshedpur 06.04.2018 Proposed10 Raipur 23.04.2018 Proposed11 Patna 24.04.2018 Proposed12 Jaipur 25.04.2018 Proposed13 Kolkata 27.04.2018 Proposed14. Mumbai 04.05.2018 Proposed

As a result of these actions, applications for fresh registration for RDSO items have increased from about 25 (average) per month earlier to 60 (average) per month now. From the period 01.11.2017 to 16.03.2018 RDSO has created 1231 nos. of Vendor Account Registration, Received payments in 208 cases and 27 Vendors delisted.

In this way, RDSO has opened up its arms to the Indian industry and poised itself as an industry friendly organisation. This has been very well received and appreciated by one and all.

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First Published: Apr 09 2018 | 2:16 PM IST

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