essay railway privatisation open opportunities ssc chsl tier 2

essay railway privatisation open opportunities ssc chsl tier 2

Recently, the Indian Railways initiated the process to allow private firms to operate passenger trains on its network by inviting entities to participate in 109 origin-destination routes through 151 new trains. This marks the beginning of private sector participation in passenger train operations.

The private operators will have to pay fixed haulage charges, energy charges, and a share of their gross revenue to the Railways. This will generate more revenue for Indian railways, which currently recovers only around 57% of the cost through tickets on an average.

In addition to this, liberalizing the entry of private operators will be the path for facilitating the growth and expansion of the sector. From a passenger perspective, there is a need for more train services, particularly between big cities. During 2019-20, five crore intending passengers could not be accommodated for want of capacity. This move will ensure that there are no more waiting lists or overcrowded trains.

Also, Railways has set certain key performance indicators for the private player, like punctuality, reliability, and maintenance of trains. A definite upgrade from what Indian Railways offers is one of the preconditions. This will give....To continue read this topic click here

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