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PREFACE
There has been talk for the past one year in the media and government circles about whether the Indian Railways should continue to be subsidized. ... Most Railways across the world are subsidized by their corresponding governments. ... Indian Railway, being the backbone of Indian economy, and integral part of our social fabric has to not only rise to the occasion, but also successfully face growing challenges and compounding problems.
EXECUTIVE SUMMARY
This research attempts to study the problems faced by the Indian Railways in today’s globalized world. ...
The Indian Railways is the largest rail network in Asia and the second largest under a single management. ...
The “Indian Railways” magazine gave a look into the monthly analysis of the functioning of the IR. The “Railways Yearbook” provided statistical data and information on the operations. The “Urban Railways” was a source of qualitative assessment of the effectiveness of the urban railway system by experts in the field. ... The Indian Railway comprised of 9 zones initially, but in 2002 a decision was made by the Railway Board to set up 7 new zones. ...
• Indian Railway Catering and Tourism Corporation (IRCTC), with the assistance of Centre for Railway Information Systems, has launched On-line ticketing facility which can be accessed through website irctc. ...
• Computerization of freight operations by Railways has been achieved by implementing Rake Management System (RMS) at 235 locations.
• Railways have established their own intra-net, called ‘Railnet’ to provides networking between Railway Board, Zonal Headquarters, Divisional headquarters, Production Units, Training Centres etc. ... 3 Reduction in Staff Strength
Indian Railways had been restricting the intake of fresh manpower since the beginning
of the last decade. In August 2000, Ministry of Railways have issued directives to all zonal railways for restricting the fresh intake of staff to 1% in case of Operational categories and 0. ... RDSO is also actively participating in
projects undertaken by UIC (International Union of Railways) based in Paris. ...
• Indian Railways and Bhilai Steel Plant of Steel Authority of India Limited are
planning to produce longer rails of length 26 metres and 65 or 78 metres, instead of conventional 13 metres length, to reduce number of welds in the track. ...
• Indian Railways Catering and Tourism RailTel Corporation of India Ltd. ...
• Also, Railways have entered into a MoU with NTPC for exploring the modalities for establishing joint ventures for setting up of power plants for generating up to 2000 megawatts of captive power for dedicated use on railway traction. ... 1 Financial Health
Until 1998-99, the Railways had been generating net surplus. ... 2 Investments in Plans
Railways’ plans have been financed through
(i) internal resources,
(ii) market borrowings and
(iii) budgetary support. ...
Also, while the plan outlay for the transport sector as a whole has been increasing, the
Railways’ share as a percentage of total plan outlay and also as a percentage of outlay
for transport sector has declined. Share of the Railways in the total plan outlay of the
transport sector is given in the following table:
Table 2: Plan Outlay for Transport Sector and Railways
Plan
Plan Outlay (Rs. ... In crore) Railways (Rs. In crore) Transport Sector Outlay as %of Total Plan Outlay Railways Outlay as%of Total Plan Outlay
Upto 4th 30988 6039 3200 19. ... 3
The figures clearly indicate that the Railways’ share as a percentage of the total
transport share has come down from 53% to 37%. ... 3 Freight Business - Loss of Market Share
The Railways, as a means of transport, are more suitable to carry bulk traffic in
trainloads, which is mainly offered by the core sector. Despite this, there has been a decline in Railways’ share of transport in the case of cement, petroleum and iron
and steel. This is largely on account of Railways’ competitive weakness in the face
of challenges from other modes of transport viz. ...
The change in the profile of the economy has also contributed towards the decline in
the Railways’ share of transport market.
The following strategies have been formulated to win back traffic to the Railways:
• Marketing for non-bulk, non-block rake, and high value traffic. ... 4 High Freight Rates
Uncompetitive prices coupled with anomalies due to ad hoc changes in freight rates have been a constant cause of cocern for Railways of transport. ... Also under the WTO regime, Indian industry will be facing increasing global competition. ...
Ministry of Railways has constituted a Committee of senior officers to examine all
aspects of costing related to traffic movement on Indian Railways to take note of the
changes in traffic pattern and business environment. ... Also Railways are the only organization of the Government of India, which has to bear its pension liability through its own resources.
Energy
A break-up of the price paid by the Railways for HSD oil will indicate that out of
every rupee spent on fuel, only 48 paise is the intrinsic value of the oil. The remaining 52 paise consist of taxes, such as customs, cess, sales tax and other
local taxes In addition, some of the state governments, such as Gujarat, Karnataka and Andhra Pradesh have imposed hefty Entry Tax on inter-state movement of HSD oil resulting in heavy burden on the fuel bill of the Indian Railways.
Approximate Word count = 4268
Approximate Pages = 17.1
(250 words per page double spaced)
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