Indian Stock Market News, Equity Market and Sensex Today in India | Equitymaster

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks


Login Failure
(Please do not use this option on a public machine)
  Sign Up | Forgot Password?  

Indian railways need a new lease of life
Tue, 30 Sep Pre-Open

India has witnessed a huge shift in the sentiments as far as economic prospects are concerned. Much of this expectation centers on the rise of Modi Government and development plans that people expect to be implemented soon. Infrastructure development is crucial for economic recovery to happen. And railways, the lifeline of India, will play a crucial role in the race of economic growth. So how does India fare in this aspect?

The answer to this question does not paint a bright picture unfortunately. The fact is the Indian railways themselves need a lease of life. The poor financial situation of the railways is already well known. What is ironical is that despite enjoying monopolistic position and sales through advance payments, railways are facing a cash crunch.

As suggested in an article in Business Standard, the turn around in the railways is likely to take painfully long, still dragging under the formailities of committees and recommendations. Be it in terms of offering services, modernization or managing finances, railways need a substantial makeover. As the article further suggests, the core of the problem lies in inefficient management. Rationalizing tariffs is something that needs to be expedited. To ensure more investment in the fund starved Indian railways, commercial viability needs to be ensured. To ensure efficiency, it's time to introduce the railways to the private sector.

It's time to shed the inertia as far as railways reforms are concerned. It's an aspect that impacts the life of common man. If infrastructure development is the key to economic recovery, there is no better way to achieve this than through the railways. Over three months have passed when rail budget was announced. And still, the entire reform story is stuck at committee building stage. We have had enough of recommendations and committees. The time to execute and implement is now. Else economic recovery is likely to get derailed soon.

For information on how to pick stocks that have the potential to deliver big returns, download our special report now!

Read the latest Market Commentary

What else is happening in the markets today? Dig in...

Equitymaster requests your view! Post a comment on "Indian railways need a new lease of life". Click here!


Views on News

My Latest Stock Recommendation (Fast Profits Daily)

Oct 9, 2020

How I picked an exciting stock using trends from both the commodity and equity markets.

Data is the New Oil but It's Also the New Sugar. Here's How to Fight it (Profit Hunter)

Jun 1, 2020

Is too much data hurting your quest for market beating returns?

Quantum Mutual Fund: Hum woh nahi hain (The Honest Truth)

Apr 29, 2020

Ajit Dayal on how the mutual fund industry robs you of your wealth.

This One Trigger Could Turnaround Yes Bank's Stock Price (The 5 Minute Wrapup)

Oct 16, 2019

If Yes Bank manages to do this, it could be the start of a much-needed turnaround for the bank.

Gold could Hit 40,000 Sooner Than Expected (Profit Hunter)

Aug 16, 2019

Domestic gold prices are firing on both engines now. Gold prices could touch 40,000 faster than you could imagine.

More Views on News

Most Popular

It's the Beginning of a New Bull Phase in Smallcaps (Profit Hunter)

Feb 24, 2021

Last time the smallcap index crossed 19k a big correction followed. Here's what makes it different this time.

Intraday Trading for a Living (Fast Profits Daily)

Feb 15, 2021

In this video, I'll cover your queries on intraday trading and also share my view on how to decide stop losses and target prices.

Top 5 Stocks Mutual Funds Bought and Sold in January 2021 (Sector Info)

Feb 16, 2021

A look at what India's top equity mutual funds bought and sold in January 2021.

I Would Recommend this Small-cap Stock Over Tesla (Profit Hunter)

Feb 16, 2021

Do you enjoy reading Tesla and Bitcoin stories? Here's a not so famous small-cap stock to profit from the rise of EVs.


India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get this Special Report,
The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms