Briefly discuss the pros and cons of the idea of privatizing the Indian Railways

Topic:  Infrastructure: Energy, Ports, Roads, Airports, And Railways etc.

6. Briefly discuss the pros and cons of the idea of privatizing the Indian Railways (250 words)

The Hindu

Why this question:

The question seeks to examine the aspects of privatizing the Indian Railways services.

Key demand of the question:

Discuss in detail the opportunities and obstacles that the idea of privatizing Railways pose.

Directive:

Discuss – This is an all-encompassing directive – you have to debate on paper by going through the details of the issues concerned by examining each one of them. You have to give reasons for both for and against arguments.

Structure of the answer:

Introduction:

Highlight the idea of Privatization in general and the perks in carries with it.

Body:

Start with – The Bibek Debroy Committee, which was set up to suggest ways to mobilize resources for the Indian Railways and restructure the Railway Board, has favored privatization of rolling stock: wagons and coaches.

Discuss the positives of such a move – Improved Infrastructure, Balancing Quality of Service with High Fares, better accountability etc.

Explain the challenges associated.

Discuss why India right now cannot afford privatization of Indian Railways.

Conclusion:

Conclude with way forward.