Election Day- Use Code DEMOCRACY24

Register Now

Vaishnaw launches Policy and Portal of e-auction

Published on June 26, 2022
Current Context: Indian Railways has to move ahead to bring commercial earning and non-fare revenue contracts under the ambit of electronic auction through the Indian Railway e-Procurement System (IREPS), for scrap sale.
Vaishnaw launches Policy and Portal of e-auction
  • This will not only increase Railways earnings but also helps in ease of doing business.
  • In addition to that, the Lengthy process of tendering would get simplified. it will also provide opportunities for youth to join the e-auction process.
  • Besides, this policy enhances ease of living and promotes transparency in Indian Railways.
  • Participation in present e-tendering requires physical registration with the concerned field unit.
  • A successful bidder would be able to receive acceptance online and through e-mail in a concise span of time.

Question:

Q.1 Which of the following ministry has launched an e portal for commercial earnings?
a. Ministry of Railways
b. Ministry of Defence
c. Ministry of Textiles 
d. Ministry of Road Transport
ebook store

About us

ramandeep singh

Ramandeep Singh, your guide to banking and insurance exams. With 14 years of experience and 5000+ selections, Ramandeep understands the path to success, having transitioned himself from Dena Bank and SBI. He's passionate about helping you achieve your banking and insurance dreams.

  • Follow me:
Close Menu
Close Menu