Authors: Hafiz Wasim Akram; Alam Ahmad; Shouvik Sanyal
Addresses: Department of Marketing and Entrepreneurship, College of Commerce and Business Administration, Dhofar University, Salalah, Oman ' College of Administrative and Financial Sciences, Saudi Electronic University, Jeddah, KSA ' Department of Marketing and Entrepreneurship, College of Commerce and Business Administration, Dhofar University, Salalah, Oman
Abstract: Indian railways (IR) considered as the lifeline of India, connects the second most populous country's every nook and corner. The logistical and financial performance of the biggest logistics carrier has been at a low ebb for a couple of years. The gradual deteriorating health of IR not only captivates the attention but also sets in disquietude in mind to fathom the inherent causes of this fragility. During the last couple of years, the worrisome performance of IR has grabbed literature positioning in galore but they are devoid of satisfactory diagnosis of the maladies. Against this background, an analysis of the deteriorating performance to find the inherent reasons is inevitable. The study employs several measures such as OR, COR, and ROLAR, etc. for the purpose of analysis. IR is abysmally afflicted with unsatisfactory OR, COR, and ROLAR and is on the verge of financial collapse. It ought to do away with subventions such as subsidies henceforth, put an end to archaic pricing policies and adopt what the traffic can bear pricing strategy lest it collapses and paralyses.
Keywords: Indian railways; performance of Indian railways; performance of IR; financial measures of IR; safety measures of IR; operating ratio; capital output ratio; COR; return on logistics asset ratio; ROLAR.
International Journal of Logistics Systems and Management, 2021 Vol.40 No.3, pp.287 - 308
Received: 12 Jul 2021
Accepted: 23 Aug 2021
Published online: 12 Jan 2022 *