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News: The Ministry of Railways has launched Freight Business Development Portal.
Facts:
- Freight Business Development Portal: It is an exclusive portal to promote and develop the railways freight business.
- Key Features:
- It ensures that all operations stay customer centric, reduce the costs for logistics providers, provide online tracking facilities for suppliers and also simplify the process of goods transportation.
- It aims to replace physical processes with online ones to minimize the need of human to human interaction.
- The portal has a focus on ease of doing business and to bring more transparency and to provide professional support.
Need for the Portal:
- Indian Railways is the backbone of the country’s logistics sector the portal will improve the logistics capacity of the Railways to the next level.
- Indian Railways embraced a “Freight on Priority” policy to push for aggressive customer-centric approach. The portal will expand the policy further.



