Assuring availability of tickets all the time
2. Advance Reservation Period (ARP) should be 30 days
3. Heavy cancellation charges like in Airlines (study the effect on waiting list, on trial basis, so that only serious/ assured passengers may book their ticket)
4. Rescheduling allowed on paying extra charges without cancelling the ticket.
5. Concept of some premium tickets during ARP, in addition to Tatkal tickets in regular trains. more