Question Q.3GS3GS3
Discuss the various challenges faced by Indian Railways. To what extent, in your opinion, can privatization help in addressing these challenges?
Main Body
When budgeting according to UNEP considers the contribution of environmental elements and the losses sustained by it for growth of GDP. Challenges faced by Railway: 1) High freight cost due to cross-subsidization eg freight reduced from 862 to 272 in Railway 2) Poor multi-modal price transportation eg Road: Rail: Waterways60:30:10, Ideal is25:45:30 3) Split personality between profitability and welfare 4) High infrastructure needs50,000 or till 2030 (Niti Aayog) 5) Ineffective PPP modelBlack Debray Committee Can Privatization Help? Yes 1) Corporatization for efficiency eg Rakesh Mohan committee 2) Focusing on making railways profitable eg Black Debray committee - derail focus on non-core function 3) New talent and lesser corruption No 1) Dilution of welfare aspect 2) Health-thrilling private partners 3) Possibility of away capitalism 4) Safety duties - Subrather committee Railway needs to be rejuvenated to strive a balance between privatization and government welfarism. It requires leveraging of PPP.
156 words1 paragraphs
Topper
Aditya Talwar
AIR 2702025
Subject & Paper
GS3GS3
Topic
Land Reforms, Liberalization, Infrastructure & Investment
Infrastructure
Indian Railways Challenges
Writing Stats
156
Total words
1
Paragraphs
analytical
Tone