The Railways Ministry has proposed to set up an innovation incubation centers to harness ideas generated by their staff and convert them into practical solutions to increase the system's efficiency.
Presenting the Railway Budget for 2014-15 in Parliament today, 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.
