INDIAN Railway’s (IR) much publicised plan to operate private passenger services on the mainline network has failed to take off after state-owned Indian Railways Catering and Tourism Corporation (IRCTC) and the Megha Group were confirmed as the only participants when bids were finally opened on July 23, 18 months after the tenders were floated.
Companies including Larsen & Toubro, GMR, Gateway Rail, Cube Highways, BHEL, CAF, Welspun and PNC infra, which had expressed interest in the project, did not participate.
Perfect response by the pvt companies
All issues mentioned by private players are valid. This culture is reason of loss in IR. Private players just showed mirror
Practically, private players have no relation with punctuality. Punctuality depends on controllers who control the train on tracks. Private players cannot be made responsible for punctuality.
Because of security reasons and also to maintain the whole railway setup, Controlling needs to be kept in the hands of Indian Railways, because private players ftom India as well as Global are involved in this package, so u cannot leave Controlling in the hands of private players. Also, since in IR both government and private players will run trains, so leaving Controlling in the hands of private players with destroy the balance between govt trains and different private companies and also will create chaos. Also, politics is also involved in IR so leaving Controlling in the hands of private players will have regional political influences also more.
I still believe, running private trains in India is
In many countries, railways have been successfully run by private organisations after de nationalisation of railways, for eg, UK, France.
In the USA, bulk of passenger traffic is handled by Amtrak, but it is a PSU.