Transformation of Infrastructure in Indian Railways: an Imperative Study Suruchi, Research Scholar

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Transformation of Infrastructure in Indian Railways: An Imperative Study -------------------------------------------------
Suruchi, Research Scholar
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and
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Dr. Seema Dhawan Research Supervisor Singhania University

Introduction- Railway zons of india
The Indian Railways has a glorious past and has achieved a phenomenal growth in both freight and passenger traffic by improving asset utilization and efficiency of operations. The time has come when massive investments are required for expanding the rail infrastructure and give the Railways its due share in the country's infrastructure development. The debate on the transport sector in India has not focused adequately on the rail sector despite its many economic and environmental advantages. It is high time that Railways' role as a major infrastructure service provider is reinforced. Constructive support from the Government and the pro-active and market-oriented response to the challenges of an open economy will set the tone for the renaissance of the Indian Railways as we march towards the new millennium. I see it as a huge opportunity for me to do my research work on Indian Railways. Indian Railways, a departmental enterprise wholly owned by the Government of India, is one of the largest systems in the world. It is the largest single organization in India with a capital investment of about Rs. 479 billion. For the past 150 years, railways have played an important role in the social political and economic life of India. For most of the time railways have offered unique advantages for transporting freight and passengers over long distances. In the past two decades Indian Railway’s share of the transport market has fallen due to increasing competition from road transport. It suggests that the existing railway models need to be amended to restore its financial position and enable the railways to achieve their potential contribution to poverty reduction through economic growth. It requires assets generation and capacity expansion. To meet these challenges, the Railways is fast emerging as a dynamic and vibrant entity. It is also one of the very few railway systems in the world generating operating surpluses. With a modest beginning in India on April 16, 1853, when the first wheels rolled on rails from Bombay to Thane, the Indian Railways has emerged today as the main vehicle for socio-economic development of the country. It functions under the Railway Ministry, Government of India. Indian Railways had, until recently, a monopoly on the country's rail transport. It is one of the largest and busiest rail networks in the world, transporting just over six billion passengers and almost 750 million tones of freight annually. IR is the world's largest commercial or utility employer, with more than 1.6 million employees and is second only in total terms to the Chinese Army. The railways traverse through the length and width of the country; the routes cover a total length of 63,465 km (39,435 miles).By innovative methods, developing synergies amongst various departments of IR, reducing per unit cost of transport & focusing at the bottom of pyramid .i.e. Capturing high volume of traffic, IR have generated a surplus of about RS. 13,600 crore during 2005-06 & operating has reduced from 98% in 2000-01 to 83.7% in 2005-06 on account of electric traction. IR have mission to increase in speed of passenger trains from 55 to 100kmph & goods trains from 24 to 60kmph, reduction in unit cost of transport to 30 paisa per NTKM, & to deliver world class services & amenities by 2015.

Objectives of Research Study:
1. To make a brief review of Indian Railway.
2. To study the evolution, modernization, capacity building and expansion and overall contribution of Indian Railways to the economic growth and development of the Indian economy. 3. To study the basic thrust put by...
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