chemistry today magazine

chemistry today magazine

chemistry today magazine Published this article page no  89 Improved quality of service The quality of service in Indian Railways faces massive criticism especially in the fields of catering and punctuality.  Latest technology The privatization will also help in accommodating the latest technology in railway coaches station facilities online services etc.  Lesser accidents Private ownership is considered synonymous with better maintenance which will reduce the number of accidents thus resulting in safe travel and higher monetary savings in the long run.  Reducing the supply demand deficit Since waitlisted passengers comprise ~15% of the reserved passengers.  Facilitating capacity augmentation as capacity constraints lead to loss of passenger business to other modes such as air travel. Challenges  Natural monopoly Privatization in railways might create a private monopoly which might seek to set higher prices which exploit consumers.  Public interest Given that a private enterprise runs on profit it might hike fares thus rendering the service out of reach for lower income groups.  Coverage Limited to Lucrative Sectors With privatization routes which are less popular could be eliminated thus having a negative impact on connectivity rendering some parts of the country virtually inaccessible chemistry today magazine buy. 

chemistry today magazine