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Blog Entry# 2212488
Posted: Mar 27 2017 (14:21)
8 Responses
Last Response: Mar 28 2017 (18:11)
8 Responses
Last Response: Mar 28 2017 (18:11)
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TheDarkLord~ 56 news posts
NEW DELHI: India has become the third largest aviation market in terms of domestic passenger traffic, beating Japan, an industry report has said.
India's...
India's...
3 Posts
Suresh P Prabhu contributed to Airlines growth in the form of Surge pricing.Congratulations.
Dono ho sekta hai, Railway sudhar gaya to theek hai warna 10-15 saal me maamla nipat jayega.
Dear friend, IR was back bone of Indian economy with majority its revenue more than the revenue from other sources. It had near monopoly over transport at the time of independence with 75% market share of national passenger traffic (90% of freight traffic). How ever, chronic mismanagement and political interference led to continuous erosion of its passenger traffic market share which is today as low as 10-20% (20-30% of freight traffic), with road sector (bus/other vehicles) snatching away majority of its market share.
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Now with severe onslaught of aviation sector, IR shall...
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Now with severe onslaught of aviation sector, IR shall...
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Indian Railways bad financial management and policies aren't the only reason behind this downfall, development of other means of transportation since Independence to the current time is also the reason behind this exodus of passengers from Railways. Just compare the no. of operational Airports in our country at the time of Independence and now.
Our nation has grown/ developed a lot during 7 decades of independence, but majority of benefits have been reaped by better managed private players in the field of Road and Air modes of transport. IR was happy with marginal increment in its traffic and revenue and road sector grew leap and bounds and now traffic in air sector is also growing fast.
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The better managed road and air sectors are winners and worse managed IR a loser, in spite of it being highly cost effective. So the management was so bad that...
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The better managed road and air sectors are winners and worse managed IR a loser, in spite of it being highly cost effective. So the management was so bad that...
more...