The IT taskforce under the Union Ministry of Road, Transport, Highways and Shipping today unveiled an on vehicle smart module (OVSM) solution to effectively curb road accidents, traffic congestion, and theft and unauthorized use of vehicles. This apart, OVSM is expected to drastically reduce long queues at the toll plaza and it can be used in automated parking management especially in case of open road parking vehicles.
At the ITForParivartan summit here, the union railway minister Suresh Prabhu, who released the OVSM solution, said the implementation of effective technological solutions can unlock the true potential of India’s transport and logistics sector. He informed that his ministry has has started a special fund of Rs 50 crore to support IT companies coming up with innovative solutions for Railways. ”We are looking for solutions in critical areas such as customer interface and also IT security. Cyber security is of utmost importance to us,” he said.