Benchmarking the Yearly Performances of the Indian Railways
Sabyasachi S Roy1, Mukul Kulshrestha2
1Sabyasachi S. Roy*, Engineering Department, Indian Railways, Ministry of Railways, Government of India, Pune, India, & Ph.D. Scholar in the Department of Civil Engineering, MANIT-Bhopal, India.
2Mukul Kulshrestha, Professsor, Department of Civil Engineering, MANIT, Bhopal, India.
Manuscript received on November 18, 2019. | Revised Manuscript received on 26 November, 2019. | Manuscript published on December 10, 2019. | PP: 3932-3935 | Volume-9 Issue-2, December 2019. | Retrieval Number: B6837129219/2019©BEIESP | DOI: 10.35940/ijitee.B6837.129219
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: This paper uses a Data Envelopment Analysis (DEA) based analysis to benchmark performances of Indian Railways over a period 2002-03 to 2016-17. An output based model revealed that the performances have remained far from being efficient, though a steady improvement has been seen in the sector throughout the period over which the model was applied. The results indicate that inefficiencies may largely have been brought about due to excess staff, whose reduction over the years has led to improvement in efficiencies. Furthermore, the operations seem to achieve economies of scale in recent times. The results also indicate that there has been a huge notional loss of revenue due to the performances remaining muted and inefficient, and hence sector reforms to improve performances should remain an urgent and sought after agenda for the Indian government.
Keywords: Data Envelopment Analysis, Benchmark, Indian Railways, Economies of Scale, Sector Reforms
Scope of the Article: Data Management