Advantages and disadvantages of monopoly in indian railways

It creates great inconvenience to railway organisation and passengers. The following are the disadvantages of Railways: Although railway transport has many advantages, it suffers from certain serious limitations: They carry goods and passengers to distant places easily.

These barriers many be natural or artificial. Food is being served by an Indian Railways employee. It involves much time and labour in booking and taking delivery of goods through railways ascompared to motor transport.

The Maharashtra government did try and introduce the Deccan Odyssey along the Konkan route, but it did not enjoy the same success as the Palace on Wheels. However, competition from trucks which offer cheaper rates has seen a decrease in freight traffic in recent years. This is largely due to historical reasons.

Although railway transport has many advantages, it suffers from certain serious limitations: Jan 26, Passenger services Indian Railways operates 8, passenger trains and transports around five billion annually across twenty-seven states and three union territories DelhiPondicherry and Chandigarh.

Rail Coach Factory, Kapurthala manufactured 1, coaches including 77 light weight LHB coaches with higher passenger comfort and amenities. The Samjhauta Express was a train that ran between India and Pakistan. Many important freight stops have dedicated platforms and independent lines.

In addition, this means of transport creates so many opportunities of employment. The product does not have close substitutes.

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The rail transport is better organised than any other form of transport. Most of its freight earnings come from such rakes carrying bulk goods such as coal, cement, food grains and iron ore.

The Kalka Shimla Railway till recently featured in the Guinness Book of World Records for offering the steepest rise in altitude in the space of 96 kilometers. Concession in ticket booking for senior citizens, handicapped persons, ladies and etc. Local authorities fail to meet the personal requirements of the people as compared to roadways.

It is a quick and more regular form of transport because it helps in the transportation of goods with speed and certainty. Price fluctuations cause misery, disturb trade and give rise to many problems. The firm enjoys abnormal profits. The advantages & disadvantages of railway transport.

Railway transport occupies a significant role in the transport system of a country because the development of trade, industry and commerce of a country largely depends on.

Railways have checked those fluctuations in prices that were detrimental to the economic, political and social stability of the country. Price fluctuations cause misery, disturb trade and give rise to many problems. INDIAN RAILWAYS FACTS General Facts: World's largest railway networks comprisingkm of track over a route of 65, km and 7, stations.

As of Decemberit transported over 25 million passengers daily (9 billion on an annual basis). Indian railways have 18 lakh employees 2nd runs trains daily. Advantages of Railway Transport: The following are the main advantages of Railway Transport: 1.

Employment: Railways are an important source of employment in India. Lakhs of skilled and unskilled people are employed in operating the railway. Monopoly avoids duplication and hence wastage of resources. A monopoly enjoys economics of scale as it is the only supplier of product or service in the market.

The benefits can be passed on to the consumers.

Advantages and Disadvantages of Railway Transport

Due to the fact that monopolies make lot of profits, it can be used for research and development and to maintain their status as a. Advantages and Disadvantages of Indian Railways The Indian Railways (IR) is one of the largest railway networks around world.

It was established in the year

Advantages and disadvantages of monopoly in indian railways
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Advantages and Disadvantages of Rail Transport