Revenue Opportunities in Railways - Key Inputs
Dear Circle Members:
Below are some of the key Additional Revenue Opportunities as suggested by you.
Please review and if you have anything additional to add, kindly submit your view as a comment to this post.
We appreciate all the wonderful inputs!
Ministry of Railways
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Additional Revenue Opportunities for Railways
1. Railways land could be used to construct offices/warehouses and leased to private companies
2. Time spent by citizens in trains can be effectively monetized through spas/ayurveda massages/treatments/ e-library/movies etc.
3. The inside and outside of the trains could be used for advertisements like the Delhi Metro
4. Install LCD display in chair cars and use it to display time/station and advertisements
5. Platform tickets and journey tickets can have advertisement at the reverse to meet the expenditure involved
6. Railways could build a hotel on the floors above the platform to generate revenue
7. Multi-story office space could be constructed in place of existing station premises and rented out
8. Chargeable wi-fi services in trains and platforms
9. Railway stations could be put to limited commercial use
10. Rates of the platform ticket could be raised
11. All the passes should be converted to tickets and the money should be realized from the ministries
12. The fines collected from passengers should be collected against receipts so that the right amount could be reported
13. Attach some goods bogies to the passenger trains too
14. Automate the cleaning process so that the time wasted in manual cleaning could be saved
15. The tendering process should be completely computerised so that the best party could get the contract and railway could save money
16. Carry out Man power planning using industrial engineering techniques and reassign excess man power
17. Use industrial engineering and operations research techniques to increase Productivity of men, material and railway stock
18. During summer vacations Railways should consider redeploying rakes to meet the increased demand
19. Frequency of certain trains on low occupancy routes can be reduced so that rakes are available
20. For increasing revenue from freight, the railways can attract higher volume by providing competitive rates and guaranteed delivery without pilferage
21. Pilferage and theft during storage and transit should be controlled
22. Introduce Roll on and Roll off (RORO) services in all major freight corridors. This will reduce road congestion and also will increase revenue to the railway
23. Solar panelling of the Railways should be tried
24. The steel, iron and other waste material lying by the tracks across the country should be put to use or sold off more
Below are some of the key Additional Revenue Opportunities as suggested by you.
Please review and if you have anything additional to add, kindly submit your view as a comment to this post.
We appreciate all the wonderful inputs!
Ministry of Railways
------------------------------------------------------------------------------------------------------------------------------
Additional Revenue Opportunities for Railways
1. Railways land could be used to construct offices/warehouses and leased to private companies
2. Time spent by citizens in trains can be effectively monetized through spas/ayurveda massages/treatments/ e-library/movies etc.
3. The inside and outside of the trains could be used for advertisements like the Delhi Metro
4. Install LCD display in chair cars and use it to display time/station and advertisements
5. Platform tickets and journey tickets can have advertisement at the reverse to meet the expenditure involved
6. Railways could build a hotel on the floors above the platform to generate revenue
7. Multi-story office space could be constructed in place of existing station premises and rented out
8. Chargeable wi-fi services in trains and platforms
9. Railway stations could be put to limited commercial use
10. Rates of the platform ticket could be raised
11. All the passes should be converted to tickets and the money should be realized from the ministries
12. The fines collected from passengers should be collected against receipts so that the right amount could be reported
13. Attach some goods bogies to the passenger trains too
14. Automate the cleaning process so that the time wasted in manual cleaning could be saved
15. The tendering process should be completely computerised so that the best party could get the contract and railway could save money
16. Carry out Man power planning using industrial engineering techniques and reassign excess man power
17. Use industrial engineering and operations research techniques to increase Productivity of men, material and railway stock
18. During summer vacations Railways should consider redeploying rakes to meet the increased demand
19. Frequency of certain trains on low occupancy routes can be reduced so that rakes are available
20. For increasing revenue from freight, the railways can attract higher volume by providing competitive rates and guaranteed delivery without pilferage
21. Pilferage and theft during storage and transit should be controlled
22. Introduce Roll on and Roll off (RORO) services in all major freight corridors. This will reduce road congestion and also will increase revenue to the railway
23. Solar panelling of the Railways should be tried
24. The steel, iron and other waste material lying by the tracks across the country should be put to use or sold off more
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Currently Indian railways platform extension are horizontal in nature, i would request railway to consider vertical rise of platform like in Berlin (Germany), Bologna(Italy) and saved space can be use for railways offices, storage space, parking, retiring room, Hotel/restaurant etc. more
Feb 21
Railway should not loose their land,it is not extra or Waste, it will be required for its future expension & development. Suggetions given for using it for commercial office use etc or sale is short sighted & for immediate benefit. I have Some suggetions:- 1-Unused railway goods godowns may be leased with the provision of increase of lease rent as per market rate to Transporters,Food Corporation,state warehousing, Industrial or commercial storage use. For Parking of Trucks,buses Taxis Autos Etc Per hour, daily or monthly basis. 2- At the stations space may be leased/rented for hotel rooms, food plaza etc with rate increase provision on 2/3 yearly,Having provision for upward expension/development. 3-For collecting Finance for development of Individual Railway Projects , issue of debentures, long term Fixed deposits from Public, NRI and other foriegn institutions can be called at the rate public Ltd companies are taking. Public will participate as there will be full surity of returns. Krishna Mohan Srivastava ` more
Feb 20
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Feb 20
Make Rail # Privilege Life Members for some Annual Visits/Holiday Package for Group of 06+2(Optional). (Gr of 06=Husband/wife/2-3 Kids/Parents, +2= Attendants & addl family members/friends etc). Platinum card, Gold Card, Silver Cards which carries privileges extended by Rail ways. If member does not intend or unable to avail due to any reason can credit points Forward by deferring/ Transferring to or Reimbursing to Railway. more
Jan 31
Every 5KM Railway Line have a corpus, which shall be made by local residents and tax free income shall be paid without KYC. This corpus used for creating and maintaining the Railway lines. more
Jan 31
