The Indian Railways should improve its speed and efficacy at a time when air travel has emerged as a serious competitor. Discuss (200 Words)
Refer - Business Line
Enrich the answer from other sources, if the question demands.
IAS Parliament 5 years
KEY POINTS
· The deterioration in the financial performance of the Indian Railways in 2017-18, to its worst officially recorded since 2000-01, is a result of the transporter’s inability to grow its revenues to match its ballooning expenses — or rather its inability to curtail expenses in the face of slowing revenue growth.
· The deterioration has been rapid after 2015-16 when the operating ratio was 90.5 per cent. The Comptroller and Auditor General of India (CAG) has reported it as the worst performance in a decade.
· Railways’ inability to even incrementally raise passenger fares for long-distance as well as suburban services at regular intervals is the biggest impediment to revenue growth.
· The ticket fare of Indian railways is becoming equivalent to the Indian air ways, despite the efficiency on carrying passengers in railways is very high.
· Indian Railways need to invest in modernisation and maintenance of rolling stock, addressing man power shortages that can have safety repercussions.
· Developing and leasing Railways’ land in prime locations could help raise revenues.
· The Railways should emerge as the preferred mode of transportation across medium and long distances, owing to its energy efficiency compared to air and road.
Chinna 5 years
Kindly review...thank you...
IAS Parliament 5 years
Good attempt. Try to include about operating ratio. Keep Writing.
Shivangi 5 years
Please review. Thank you.
IAS Parliament 5 years
Good answer. Keep Writing.
hema 5 years
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IAS Parliament 5 years
Good attempt. Keep Writing.
Tapasvi 5 years
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IAS Parliament 5 years
Good answer. Keep Writing.
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