Monopoly of Indian Railways.pptx

January 18, 2019 | Author: Shub Dhiman | Category: Monopoly, Profit (Economics), Rail Transport, Price Discrimination, Train
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what is market, types, monopoly form of market, features, monopoly equilibrium, profit maximisation under monopoly, Indi...

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MARKET AND INDIAN RAILWAYS Presented By:Nidhi Sood (!"#$

 

Preet%&hinder K&'r (!#$ P&r)een K&'r (!*$ S&+hin (!,$ Sh'.h&n/&0i(!1$ S'nny De) (!1$

Presented To:Miss Aditi K&0r&

INTRODUCTION 

Wh&t is & M&r2et s'4ernor%&0 4ro7its

Y

PROFIT MAIMIATION @NDER MONOPOLY 

A 7ir% in the short r'n e&rns %&9i%'% 4ro7it 8hen it %eets the 7o00o8in +onditions: MR  M3 &nd M3 +'r)e +'ts MR 7ro% .e0o8;  A)er&e Re)en'e is re&ter th&n A)er&e Tot&0 3ost;

PROFIT MAIMIATION @NDER MONOPOLY MC      t     s     o P       C       /     e     u     n     e     v     e       R

ATC ATC

AVC

Pro7it e

AR

O

Output

MR

MONOPOLY- THE INDI IN DIAN AN RAI AIL LWAYS 

St&te o8ned r&i08&y +o%4&ny o7 Indi& &nd h&s %ono4o0y on +o'ntryGs r&i0 tr&ns4ort; 

One o7 the 0&rest 0&rest &nd .'siest r&i0 r&i0 net8or2 net8or2 in the 8or0d> 8or0d> tr&ns4ortin o)er * .i00ion 4&sseners &nd &0%ost #"! %i00ion tones o7 7reiht &nn'&00y; 

Wor0d6s 0&rest 0&rest +o%%er+i&0 +o%%er+i&0 or 'ti0ity 'ti0ity e%40oyer> e%40oyer> 8ith %ore th&n H;* %i00ion e%40oyees; 

R&i08&ys 8&s 7irst introd'+ed R&i08&ys introd'+ed in in H,"> the the 7irst 4&ssener tr&in .et8een Bo%.&y  Th&n&; R&i08&ys

ro8s in Indi& 8ith the en+o'r&e%ent o7 British =o)ern%ent;

WJY IR IS 3ONSIDERED AS A Sin0e se00er (=o)ern%ent$ ""! 4&sseners tr&ins> +&rryin &.o't H;* %i00ion tones o7 7reiht &nd &.o't H, %i00ion 4&sseners d&i0y;  Wor0ds 0&rest +o%%er+i&0 or 'ti0ity e%40oyer> 8ith %ore th&n H;" %i00ion e%40oyees on its 4&yro00s; 

PROBLEMS FA3ED BY IR 

Some regions are beon! "#e rea$# o% rai&'as !(e "o (n%a)o(rab&e geogra*#i$a& $on!i"ions+  Rai&'a Rai&'as s are %a$ing s"i $om*e"i"ion %rom roa! "rans*or" an! "#(s i"s s#are in *assenger an! goo!s "ra.$ "ra.$ is !e$&ining+  Rai&'as #a)e #(ge o("s"an!ing *amen"s "o !iese& an! e&e$"ri$ *o'er s(**& $om*anies+  T#e rai&'as #a)e "o !e)e&o* (ne$onomi$ *ro/e$"s !(e "o *o&i"i$a& *ress(res an! in"er%eren$es+ 

3ORRE3TIE MEAS@RES Moderni&tion;  S&7ety &nd se+'rity o7 4&sseners;  Re40&+e%ent &nd rene8&0 o7 &ssets;  3o%4'teri&tion o7 r&i08&y syste%s;  Introd'+tion o7 ne8 te+hno0oies 7or sin&0in &nd te0e+o%;  Pre)ention o7 0e&2&es o7 Re)en'e;  In+re&se in 4rod'+ti)ity &nd red'+tion in O4er&tin r&tio; 

NET " YEARS =OALS OF IR  H;

; ;

To de0i)er & s'st&ined &nd %e&s'r&.0e i%4ro)e%ent in +'sto%er e94erien+e; To %&2e R&i0 & s&7er %e&ns o7 tr&)e0; To e94&nd Bh&rtiy& R&i06s +&4&+ity s'.st&nti&00y &nd %odernie in7r&str'+t're i.e. to increase daily passengers carrying capacity, increase track length and to grow the annual freight carrying capacity.

;

To %&2e Bh&rtiy& R&i0 7in&n+i&00y se07s'st&in&.0e.

STRATE=IES TO A3JIEE =OALS ?'&0ity o7 0i7e in /o'rneys- 30e&n0iness> 9# he040ine> +&terin> e-ti+2etin> %ore +o&+hes> et+;  St&tion Rede)e0o4%ent;  I%4ro)in tr&in s4eed &nd introd'+in B'00et tr&ins;  S&7ety- Tr&in Prote+tion W&rnin Syste% et+;  Tr&ns4&ren+y &nd =o)ern&n+e initi&ti)es;  So+i&0 initi&ti)es 0i2e 4ro%otion o7 4rod'+ts %&de .y Se07 Je04 =ro'4s;  To'ris%To'ris%- In+redi.0e  In+redi.0e R&i0 7or In+redi.0e Indi& to .e 0&'n+hed; 

3ON3L@SION A %ono4o0y is & 7ir% th&t is the so0e se00er in its %&r2et; Better> +he&4er &nd 7&ster th&n other %e&ns o7 tr&ns4orts; &rio's s+he%es 0i2e PPP 7or &ttr&+tin %ore in)est%ent. Indi&n R&i08&ys h&s 0&'n+hed & %o.i0e &440i+&tion 7or .oo2in 'nreser)ed ti+2ets;

It 7&+es & do8n8&rd s0o4in de%&nd +'r)e 7or its 4rod'+t; Mono4o0ists +&n r&ise their 4ro7its .y +h&rin di77erent 4ri+es to di77erent .'yers .&sed on 8i00inness to 4&y; R&i08&ys 8&s 7irst introd'+ed in H," &nd ro8s in Indi& 8ith the en+o'r&e%ent o7 British =o)ern%ent;

TJANK YO@

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