EMERGING ISSUES IN INDIAN ECONOMY — Economics STD 12 Commerce — Question
Gujarat BoardEnglish MediumSTD 12 CommerceEconomicsEMERGING ISSUES IN INDIAN ECONOMY3 Marks
Question
Mention challenges before Indian Railway.
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Answer
Challenge faced by Indian Railway:
Attempts are made for development of railway during planning yet there are many challenges before this sector.
They are as under:
$(1)$ Compared to other countries in our railway the use of modern technology is limited.
Speedy measures should be taken in this direction.
$(2)$ The facilities of railway, looking to India's geographical area and the requirements of the nation are inadequate.
$(3)$ Shortage of finance and problem of good administration are serious challenges.
Due to large scale corruption prevailing in this sector however big amount allocated to railway, it is always inadequate.
As it is managed by public enterprise there is lack of efficiency.
Frequent accidents are its evidences.
$(4)$ Attempts are made to increase facilities for passengers but they are insufficient.
$(5)$ Regional inequality is observed in the development of railway.
Even after so many years of planning, certain areas are far away from the facilities of railway.
Along with public sector co-operation of private sector should be taken for speedy development of railway in India.
This can solve the problem of shortage of finance and the problem of administration.
Steps should be taken to increase load bearing capacity, with proper planning so maximum utilization of established railway lines be carried out.
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