The Indian Railways will introduce digital contract system for its supply chain in all zones. Online Supply chain system wherein 100 percent E-tenders and E-auctions are already integrated, now Indian railway is arranging to shape the all-in-one flow of finances, information and material.
On 11th April, Railway Minister Suresh Prabhu will be launching digital contract system addressing industries, railways employees and reviewing agencies in direction of creating the transparent system.
The system would have everything from bill submission to bill payments for boosting supply chain competencies immediately.
At present, the railways have been emphasising on maximum use of Information and communication technology to increase transparency.