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Railway Proposes to Set Up SRESTHA - A R&D Organization Bringing Most of IR Companies Under an Umbrella of a Holding Company

Budget - Dated:- 25-2-2016 - The Minister of Railways, Shri Suresh Prabhakar Prabhu while presenting the Railway Budget 2016-17 in Parliament today announced to set up a R&D organization, a Special Railway Establishment for Strategic Technology & Holistic Advancement, SRESTHA. RDSO will now focus only on day to day issues while SRESTHA would drive long term research. SRESTHA would be headed by an eminent scientist reporting directly to Chairman, Railway Board and would be staffed with sc .....

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