Economy, Banking and Finance · 27 February 2026

South Central Railway (SCR) launches Rail Parcel Logistics app and signs MoU with Indian Institute of Management Bangalore (IIMB) for 2030 freight strategy.

Exam-focused facts from the 27 February 2026 current affairs briefing.

Key facts

  • South Central Railway (SCR) launched the Rail Parcel Logistics app on Wednesday during a conclave at Rail Nilayam.
  • The app offers end-to-end parcel booking, doorstep pickup and delivery, real-time consignment tracking, automated transit updates, and secure multi-mode digital payments.
  • Pilot rollout covers Hyderabad, Vijayawada, Guntur, Rajahmundry, Visakhapatnam, Bengaluru, and Chennai.
  • SCR signed a Memorandum of Understanding with Indian Institute of Management Bangalore (IIMB) to conduct demand forecasting, competitiveness analysis, and infrastructure assessment for a long-term freight logistics strategy targeting national freight loading goals by 2030.