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Business Environment and Law-Infrastructure Of The Economy

Transport- Infrastructure Of The Economy

   Posted On :  04.05.2018 05:48 am

Transport sector includes railways, roads, shipping and civil aviation. The indian railways have a long history.

Transport


Transport sector includes railways, roads, shipping and civil aviation. The indian railways have a long history. They consist of an extensive network spread over 62,462 kms- comprising broad gauge (36,824 kms), meter gauge (20,653kms) and narrow gauge (3,985kms). Electrified networks with 11,793 kms account for 18.8 % Of the total route kilometer age.

The thrust areas are identified for the eight-plan periods include replacement and renewal of averaged assets; argumentation of terminal and rolling stock capacities, gauge conversion and electrification. Railways can claim foe having connected most of the country with the conversion of gauges and creating more routes.

The last few years have been particularly good for railways because of the addition of more than 500 new trains, which include the deluxe trains like rajdhanis and shatabdis. A little known distinction of the railways is their achievements abroad. Among the psus of the railway ministry are the rail india technical and economic services ltd (RITES) And The Indian Railway Construction Company Ltd (IRCON). RITES consultancy expertise is internationally recognized.

It has completed important assignments in railway systems in Africa, the middle east, Vietnam and Nepal. Ircon too has undertaken construction projects in Turkey, Saudi Arabia, Malaysia, Indonesia and Bangladesh. Another feather in the cap of the railways is the 760 km long Konkan railway.

Strengths, Weakness And Remedies Of Railways



Strengths



  Historical advantage – 85% of track being inherited from the british


  Largest in asia and fourth largest in the world

  Substantial electrified tracks

  Competitive advantage in project consultancy and construction

  Agenda of national integration
 

Weakness



  Ever increasing traffic load

  Inadequate finance

  Low productivity

  Low speed of goods as well as passenger trains

  Poor service to the passengers

  Absence of suitable transportation policy

  Too many social objectives


Remedies



  Corporatise with detailed terms of reference approved by the parliament


  Unbundle disparate operations like transportation of freight and passengers and equipment-manufacture

  Corporatise all manufacturing units and privatise them gradually

  Commercialise passenger services by abolishing all free travel, and privatise ticket-checking

  Phase out cross-subsidisation of passenger fares, through freight charge, so as to reflect real costs

  Make commercial use of railway property by selling or leasing it, to the private sector

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