Abstract
Indian Railways, since its inception have been under government ownership. But with increasing demand and cost pressures, entry of private sector has become inevitable. Indian railways have also embraced the idea of use of public private partnership for better public service and efficient resource utilization. This paper studies the effectiveness of using public private partnership (PPP) model in Indian railways. The public-private partnership model for investment, though a phenomenal success in case of roadways, or in other words, highway development projects, has till now failed in making any significant impact in the railway sector Well aware of the importance of PPPs in economic development, the railways had initiated several concrete measures to explore the PPP route for improving its flagging infrastructure across the country. But the private sector's response to these initiatives, however, has been somewhat subdued. The paper studies the various PPP projects which IR has undertaken, and which are in the pipeline for the future, their success rate, the factors which are acting as enablers, and more importantly, the factors, which are responsible for lower success rate of PPP model in Indian Railways. It tries to explore the opportunities and potential hidden in using PPP model for Indian railways.
Recommended Citation
Chhabra, Neha
(2011)
"Public Private Partnerships in Indian Railways,"
Management Dynamics: Vol. 11:
No.
2, Article 4: 46-56
DOI: https://doi.org/10.57198/2583-4932.1137
Available at:
https://managementdynamics.researchcommons.org/journal/vol11/iss2/4
