Multiple Choice Questions on What are the disadvantages of Privatisation of Railways i Limited Coverage ii Lesser Inclusive iii U........... for General Knowledge ( All Exams) Preparation

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Multiple Choice Questions

What are the disadvantages of Privatisation of Railways i Limited Coverage ii Lesser Inclusive iii U...........

Economic and Social Issues Liberalization, Privatization and Globalisation
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    India’s first private train, Tejas Express, was recently flagged off on the Lucknow-Delhi-Lucknow corridor. Ministry of Railways (MoR) has taken initiatives in various areas viz. network expansion, setting up of locomotive factories, induction of railway wagons, Station Re-Development etc. to attract private investment and participation. MoR has also set up two locomotive factories (one electric and one diesel) in Joint Venture with private players. Indian Railways has also inducted 150 rakes through incentive schemes by associating freight customers. In addition, 63 private freight terminals have also been commissioned to augment terminal infrastructure with private participation.Five Public Private Partnership (PPP) models of Participative Policy of MoR, namely Non-Government Railway (NGR), Joint Venture (JV), Customer Funded model, Built-Operate-Transfer (BOT) and BOT Annuity models have been formulated to attract private investment in Rail connectivity Projects. MoR has also planned private participation in operation of passenger trains by introducing around 150 modern rakes with the objective to induct ‘state of the art’ rolling stock to provide world class travel experience to passengers.

    What are the disadvantages of Privatisation of Railways?

    i Limited Coverage

    ii Lesser Inclusive

    iii Unemployment

    iv Impact on the Economy

    v Issue of Accountability

    Select the correct answer using the code given below

    i. ii, iii and iv only

    Incorrect Answer

    ii, iii, iv and v only

    Incorrect Answer

    i. ii, iv and v only

    Correct Answer

    all of the above

    Incorrect Answer

    none of these

    Incorrect Answer
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    Explanation:

    Disadvantages of Privatisation of Indian Railways

    Limited Coverage: An advantage of Indian Railways being government-owned is that it provides nation-wide connectivity irrespective of profit.

    Privatisation of railways would mean the railways will become a profit-making enterprise, this would lead to the elimination of railways routes that are less popular.

    Thus, the privatisation of railways can have a negative impact on connectivity and further increase the rural-urban divide.

    Lesser Inclusive: Hike in fares can render the railways out of reach for lower-income groups.

    Issue of Accountability: The privatisation of Indian Railways is not easy, as it covers every part of India and runs for 24×7 hours.

    The whole railway system cannot be handled by a single party or coordination will be very difficult if area wise given to private parties.

    mpact on the Economy: Indian Railways is the backbone of India, it provides low fare transportation to agricultural and industrial trade.

    By: Himani Bihagra
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