Round Table Conference on Data Analytics for Indian Railways

Round Table Conference on Data Analytics for Indian Railways

Question: What is the tagline of the Indian Railways?
(a) Lifeline to the nation
(b) Bahujan Hitay Bahujan Sukhay
(c) Truly Indian
(d) None of the above.
Ans: (a)
Related Fact :

  • On May 16, 2017, Minister of Railways, Suresh Prabhu inaugurated Round Table Conference on “Data Analytics for Indian Railways”.
  • This Round Table Conference was to ideate on Data Analytics on Indian Railways.
  • In order to assist the management in taking effective strategic and tactical decisions, Railways have decided to use Data Analytics for Analysis of Data using various statistical and software tools.
  • Data Analytics can help Railways in determining pricing of services, planning train operations on various routes, proactive safety measures and disaster management, predictive maintenance of assets to avoid failures etc.
  • Data of trains, passengers, earnings, utilization of trains, class wise occupancy, waiting lists and passenger profile is also available in e-ticketing system. This huge data can be analysed to help in providing innovative products to passengers so that occupancy is improved and passengers are able to get confirmed accommodation.
  • Data Analytics can help in improving throughput and average speed of freight trains. Track Management System has data about condition of track, maintenance of track from time to time, inspection conducted, track renewal, deep screening, rail fractures etc. Data Analytics can help in predicting vulnerable spots and preventive maintenance.
  • Indian Railways is one of the largest Data creators in the world; it has to handle large volume of Data. Data Analytics can help to create a system that may benefit Railways immensely.

Reference:
http://pib.nic.in/newsite/PrintRelease.aspx?relid=161813
http://www.outlookindia.com/newsscroll/railways-to-monetise-available-data/1052003