jis
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The newly elected government in India is following through on the election promise to privatize the operation of a few select passenger trains. The first chosen train is a premium service between the national capital New Delhi and the capital of the state of Uttar Pradesh, Lucknow.
https://www.livemint.com/news/india...e-run-by-private-operators-1562591525201.html
Should be interesting to see how this goes.
Similar attempts in the US have failed spectacularly. They could not find any operators. But the legal setup in the US as it stands is more or less unusable for such, so the attempts were arguably designed to fail in each case.
The IRCTC mechanism in India appears to be a more viable approach, but the proof of the pudding is in eating it. One can expect protests from rail unions and the rail establishment to some extent, and success is not guaranteed at all. But the proposed governance structure appears to be a more viable one than the fantasy that the US proposals were based on. The fact that the infrastructure is publicly owned and pricing of the usage of the infrastructure is publicly determined fundamentally makes it a more plausible approach than the goofy legal setup of the rail infrastructure in private hands in the US.
https://www.livemint.com/news/india...e-run-by-private-operators-1562591525201.html
Should be interesting to see how this goes.
Similar attempts in the US have failed spectacularly. They could not find any operators. But the legal setup in the US as it stands is more or less unusable for such, so the attempts were arguably designed to fail in each case.
The IRCTC mechanism in India appears to be a more viable approach, but the proof of the pudding is in eating it. One can expect protests from rail unions and the rail establishment to some extent, and success is not guaranteed at all. But the proposed governance structure appears to be a more viable one than the fantasy that the US proposals were based on. The fact that the infrastructure is publicly owned and pricing of the usage of the infrastructure is publicly determined fundamentally makes it a more plausible approach than the goofy legal setup of the rail infrastructure in private hands in the US.