Privitization of Railways – Advantages & Disadvantages

Reading Time: 5 mins Recently, Government of India privatized the Tejas express running from Ahmedabad to Mumbai, which is operated by the IRCTC, arm of the Indian railways.  Indian Railways has launched itself on the road to privatisation by flagging off the Tejas Express running between Lucknow and Delhi and announcing plans to privatise the running of as many as 150 passenger trains. Privatisation of railways has benefits like improved efficiency, services, operations, etc. At the same time, it has disadvantages like it can’t provide affordable services, informalisation of jobs, revenue loss to the government in the form of a dividend, etc.