article/opinion/columns/why- indian-railways-failed-to- attract-private-players-to- run-trains-7449532/
- In the intro, mention the tepid response to the railways proposal for the private players to run the trains.
- In the body, mention the objective such as private capital, technology and efficiency in the operation of railways. In the next part, mention the reasons for failure such as reluctance of IR to cede the control to private players, risk involve due to lumpiness of the capital, lack of regulator for dispute resolution etc. In the suggestion, mention changes in concessions given to private players, investment in research to acquire technology, providing regulator with enough powers etc.
- Conclude by mentioning the need for reforms in the railways and how this step has been a step in the right direction.