A major boost to Ease of Doing Business in Indian Railways

Capital Market 

In order to boost Ease of doing Business in Indian Railways, (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

The first such vendor meet in coordination with Laghu Udyog Bharti, was organized on 24.01.2018 at 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, and 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 24.01.2018 2002 22.02.2018 753 07.03.2018 904 09.03.2018 605 15.03.2018 306 04.04.2018 1107 05.04.2018 908 06.04.2018 Proposed9 06.04.2018 Proposed10 Raipur 23.04.2018 Proposed11 24.04.2018 Proposed12 25.04.2018 Proposed13 Kolkata 27.04.2018 Proposed14. 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: Mon, April 09 2018. 14:16 IST