Container Train Operations: Introducing Competition (B)

2010 ◽  
pp. 1-18
Author(s):  
G Raghuram ◽  
Rachna Gangwar ◽  
Sebastian Morris ◽  
Ajay Pandey
Keyword(s):  
Public Sector ◽  
Policy Statement ◽  
Entry Barriers ◽  
Level Playing Field ◽  
Planning Commission ◽  
Policy Document ◽  
Playing Field ◽  
Private And Public

In October 2005, the representatives of the Planning Commission, Ministry of Railways, Ministry of Commerce and Industry, and Ministry of Shipping met to discuss the RITES recommendations to work towards framing a policy document for running container trains by private and public sector operators on the IR network. Starting with this meeting until January 2006, various aspects of the RITES report were debated by the Planning Commission and Ministry of Railways to evolve a policy statement. There were concerns raised by the Planning Commission on the proposals by RITES which had implications such as entry barriers and denial of a level playing field with the incumbent, CONCOR. Other specific issues including entry criteria, entry fees and revenue share, and maintenance were questioned. In January 2006, a policy statement titled ‘Policy to permit various operators to move container trains on Indian Railways’ was released by the Ministry of Railways which stated the terms and conditions for running container trains by private and public sector operators on IR network. Subsequent to this, 14 parties signed up with the IR for container train operations. The empowered subcommittee of the Committee on Infrastructure was to meet in February 2006 to discuss the process for finalizing a Model Concession Agreement between Indian Railways and the container train operators. This case provides a background for this meeting.

Financial Performance of PSEs Post-Disinvestment

2016 ◽  
Vol 3 (9) ◽  
pp. 31
Author(s):  
Rakhi Singh ◽  
Vijay Agrawal
Keyword(s):  
Public Sector ◽  
Financial Performance ◽  
Global Competition ◽  
Developing Economy ◽  
Level Playing Field ◽  
Playing Field ◽  
Private And Public ◽  
Political Intervention ◽  
The Government ◽  
Instrumental Role

India being a developing economy has adopted the concept of mixed economy wherein both private and public sector were allowed to industrialize the country except few restricted sector. PSEs controlled by the government played an instrumental role in servicing the country in infrastructure and public services. Since there were lots of political intervention because of which the PSEs derailed from the profit making objective and turned to drainage of wealth which were once referred to be temples of modern India. The PSEs were also suddenly exposed to Global competition which they were not used for operating under protected environment. The level playing field and competition affected the financial performances of PSEs. The paper elucidates the various financial ratios over a period of 10 years and analyzed the performance of the PSEs resurrecting focusing on other factors of their sustainability.

Container Train Operations: Introducing Competition (A)

2010 ◽  
pp. 1-16
Author(s):  
G Raghuram ◽  
Rachna Gangwar ◽  
Sebastian Morris ◽  
Ajay Pandey
Keyword(s):  
Public Sector ◽  
Traffic Volume ◽  
Final Report ◽  
Planning Commission ◽  
Policy Document ◽  
Private And Public ◽  
Entry Requirements

In May 2005, the Committee on Infrastructure took a decision that the Ministry of Railways, in consultation with Planning Commission, would prepare a policy for permitting private and public sector operators to run container trains through the Indian Railways (IR) network. CONCOR, a listed subsidiary of IR, was the only container train operator at that time. RITES, another subsidiary of IR, was awarded a study to prepare a scheme towards this. RITES submitted its final report in September 2005. The recommendations of the report included entry requirements, classification of routes into various categories based on existing and anticipated traffic volume, regulating entry for each route and minimum traffic commitment by the operators. The representatives of the Planning Commission, Ministry of Railways, Ministry of Commerce and Industry, and Ministry of Shipping were to meet in October 2005 to discuss the RITES recommendations to work towards framing a policy document for running container trains by private and public sector operators on the IR network. This case provides a background for this meeting.

Payment services in the EU: price regulation to protect a duopoly

2020 ◽  
Vol 18 (4) ◽  
pp. 175-189
Author(s):  
Mario Siragusa ◽  
Maurits Dolmans ◽  
Romano F. Subiotto QC ◽  
Paul Gilbert ◽  
John Messent
Keyword(s):  
Unintended Consequence ◽  
Price Regulation ◽  
Entry Barriers ◽  
Level Playing Field ◽  
Playing Field ◽  
Interchange Fees ◽  
Market Shares ◽  
Payment Schemes ◽  
Payment Services ◽  
The Eu

The EU Interchange Fee Regulation (‘IFR’) introduced price caps on the fees paid between banks in respect of credit and debit card payments. The Second Payment Services Directive (‘PSD2’) forces some payment schemes to open up their networks to any banks that want to use them. These rules, together with a wealth of related and ancillary provisions, are the legislative fallout from a series of antitrust investigations into Visa and Mastercard. But the rules are not limited to Visa and Mastercard, nor are they limited to schemes that operate in the same way as Visa and Mastercard. They extend to payment schemes with no interchange fees at all and with tiny market shares. One argument made for including all schemes within the scope of the rules was to create a level playing field for competition. Instead, regulation that was initially aimed at Visa and Mastercard has created high entry barriers and hamstrung the only realistic challengers to these four-party schemes. If rival schemes are unable to offer customers or merchants something different, all payment services will become commoditised. Without meaningful rivals, the duopoly of Visa and Mastercard will become more entrenched and customers will see a reduction in choice and innovation. The unintended consequence of the IFR and PSD2 could be to reduce competition in the market, the very thing they were originally designed to address.

Service Quality Perception towards E-CRM Practices among Customers of Private and Public Sector Banks of Rajasthan Using SERVQUAL Method

2018 ◽  
Vol 7 (3) ◽  
pp. 22
Author(s):  
Neeti Kasliwal ◽  
Jagriti Singh
Keyword(s):  
Public Sector ◽  
Service Quality ◽  
Banking Sector ◽  
Sampling Technique ◽  
Vital Role ◽  
Public Sector Banks ◽  
Significant Difference ◽  
Private And Public ◽  
Score Method ◽  
Public Banks

Banking sector is growing rapidly and playing a vital role in the economic development of the nation. Both private and public sector banks are giving more priority to service quality to satisfy their customers. For this, banks are now emphasizing on E-CRM practices to carry out transactions and communicate with their customers. The purpose of this research is to assess the service quality among private and public banks in Rajasthan. Purposive sampling technique has been employed to collect the data from three private banks and three banks from public. To analyze the data, descriptive statistics, Mean score method and t test have been used. Results indicates that there is a significant difference in consumer’s perception of service quality dimensions related to E-CRM practices provided by selected private and public sector banks of Rajasthan..The findings of this research will help policy makers of banking sector to set customer oriented policies.

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