Presenting his second consecutive budget, Rail minister Suresh Prabhu said on Thursday that starting next financial year, the railways will use the latest drone and geo spatial-based satellite technology for remotely reviewing progress across major projects.
This, Prabhu added, is in line with international best practices. “In the next financial year, this would be operationalised for monitoring the progress on Dedicated Freight Corridor,” the minister said.
The Railways, which collects over 100 terabytes of data every year, also plans to set up a special unit for transportation research and analytics that would help it in making optimised investment decisions. Called Special Unit for Transportation Research and Analytics or SUTRA it will be a dedicated, cross-functional team of professional analysts mandated with carrying out detailed analytics leading to optimised investment decisions and operations.
“Data-backed decision-making is a hallmark of great institutions. Though Indian Railways, as an organisation, collects over 100 terabytes of data every year, yet it is hardly analysed to gain business insights,” the rail minister said