Prabhu will visit Varanasi on coming Monday to sign the MoU. The ministry has sanctioned Rs 5 crore for research work to be conducted at IIT-BHU this financial year. On Thursday, MoS for Railways Manoj Sinha said a ‘Malaviya Chair Committee’, chaired by Sinha’s advisor R K Verma, will be set up at the institute to supervise research work.
The chair is being named after Madan Mohan Malaviya — the founder of BHU. It will work towards developing new materials to be used in various assets of Railways. “The ministry has released Rs 5 crore for IIT-BHU for conducting the research… It will help find out ways to better prepare assests — from bogies to tracks,” said Sinha.