Mentor’s comment-
- https://indianexpress.com/
article/opinion/columns/why- indian-railways-failed-to- attract-private-players-to- run-trains-7449532/ - In the intro, mention the tepid response to the railways proposal for the private players to run the trains.
- In the body, mention the objective such as private capital, technology and efficiency in the operation of railways. In the next part, mention the reasons for failure such as reluctance of IR to cede the control to private players, risk involve due to lumpiness of the capital, lack of regulator for dispute resolution etc. In the suggestion, mention changes in concessions given to private players, investment in research to acquire technology, providing regulator with enough powers etc.
- Conclude by mentioning the need for reforms in the railways and how this step has been a step in the right direction.
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Sehaj
Decent attempt. Introduction is fine. After that mention a small section on the objectives of privatisation. You can mention improved efficiency, improved infrastructure and technology, job creation, better safety, realizing better profits and reducing govt expenses etc
2nd part about issues is fine, you have covered most points, in way forward mention about the idea of establishing a rolling stock company- it can help in 2-3 ways- train sets could be leased which will reduce capital expense of private players, better technology can be infused and state-of-the-art manufacturing could be done. Rest of the points are fine.
Write a conclusion in the end, keep practicing. 🙂
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Muskan
Introduction is okay. You can mention the recent the recent development of Indian Railways launching the formal process of inviting private parties to run trains on the Indian railway system. That will be more in context and also link it with current affairs.
Objectives part is fine.
Why railways failed to attract the private players is the main concern of the question- mention in a bit more detail, you can add some points-
IR wants the capital and technology without giving up control, while the concessioner wants a far more equal relationship to be moderated by a regulator
Lumpiness of investment(you can add this in the 2nd point)
Absence of a regulator for resolving disputes
Rest of the points are also fine.
In way forward, mention some points regarding how more private players can be brought in-
Remove the lumpiness of investment by establishing rolling stock company which can lease train sets; rolling stock company can also be the window for bringing in new technology; establish a process for dispute resolution.
Write a more balanced conclusion, privatization is not evil- it can bring more efficiency, technology, safety etc- so try to establish a middle ground.
Keep practicing. 🙂
3.5/10