Analysis of Productivity Trends on Indian Railways

Indian Railways has recently introduced several technological advancements, including track modernization, gauge conversion, electrification, and upgrading of signal and telecommunication equipment. To assess the productivity performance on Indian Railways, this study considers two outputs and three inputs (labor, fuel and capital) for the period from 1981-82 to 2002-03. During this period, there was large structural change in capital stocks, especially with respect to rolling stock and equipment. Embodied new technology in terms of diesel and electric engines was added. Partial factor productivities and total factor productivity were analyzed. The increasing trend of capital productivity resulted in a high total factor productivity on Indian Railways during the period under study. Findings indicate that technological changes resulting in fuel and labor efficiency increased productivity and thereby reduced the cost of production on Indian Railways.

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  • English

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  • Accession Number: 01104940
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Jul 23 2008 2:10PM