Railways in Colonial India: An Economic Achievement? Dan Bogart* Latika Chaudhary† May 2012 1 Introduction Railways were the most important infrastructure development in India from 1850 to 1947. They were inter-connected with all aspects of Indian society. In terms of the economy‚ railways played a major role in integrating markets and increasing trade. Domestic and international economic trends shaped the pace of railway construction and the demand
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ENGLISH LANGUAGE & COMPREHENSION DIRECTIONS (Q. Nos. 1-10) Read the following passage carefully and answer the questions given below it. Certain words/phrases have been given in bold to help you locate them while answering some of the questions. A railway network that caters to about seven billion passenger trips a year poses extraordinary management challenges‚ the most important of which is to ensure that all journeys end safely. The derailment of the Indore-Patna Express in Kanpur Dehat‚ with
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Department of the Government of India‚ under the Ministry of Railways‚ and is tasked with operating the rail network in India. The Ministry is headed by a cabinet rank Railways Minister‚ while the Department is managed by the Railway Board. Indian Railways is not a private corporate body; however‚ as of recently‚ IR has adopted a corporate management style. Indian Railways has a total state monopoly on India ’s rail transport. It is one of the largest and busiest rail networks in the world‚ transporting
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1. eHow 2. Business 3. Business Management 4. Other Business Management 5. Definition of Commercial Organization Definition of Commercial Organization By Joshua Wallace‚ eHow Contributor * * * Share * * Print this article The term commercial organization is general and applies to any group(s) with a particular set of skills‚ priorities‚ strategies‚ and resources that organize to collectively achieve the "specific aim" of making a profit. Ultimately‚ the first concern
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EXECUTIVE SUMMARY 1 EXECUTIVE SUMMARY The title of the project is ‘A study on working capital management in Integral coach Factory‚ Chennai ’. Working capital management ensures that a company has sufficient cash flow in order to meet its short term obligations and operating expenses. Any company whatever the business it carries can ensure profitability only through working capital management. Through the management of the working capital at Integral coach Factory‚ Chennai‚ it assures the
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of this widely spread railway networks‚ you can reach any place of India. Both passengers and freight can be transported to anywhere of India by the help of Indian Railways. This also creates impact on the Indian Economy. This article deals with how Indian Railways impact the Economy of India or the impact of Indian Railways on the Indian economy. India is a land of diverse culture as well as religion. In different parts of India‚ one can find totally different tradition and cultural variations.
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of this widely spread railway networks‚ you can reach any place of India. Both passengers and freight can be transported to anywhere of India by the help of Indian Railways. This also creates impact on the Indian Economy. This article deals with how Indian Railways impact the Economy of India or the impact of Indian Railways on the Indian economy. India is a land of diverse culture as well as religion. In different parts of India‚ one can find totally different tradition and cultural variations.
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Department of the Government of India‚ under the Ministry of Railways‚ and is tasked with operating the rail network in India. The Ministry is headed by a cabinet rank Railways Minister‚ while the Department is managed by the Railway Board. Indian Railways is not a private corporate body; however‚ as of recently‚ IR has adopted a corporate management style. Indian Railways has a total state monopoly on India’s rail transport. It is one of the largest and busiest rail networks in the world‚ transporting
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MANAGEMENT CASE-1 ‘PROFESSOR’ LALU SCRIPTS INDIAN RAILWAY’S TURNAROUND Summary In December 2006‚ as many as 137 undergraduate students from the universities of Harvard and Wharton gathered to listen Indian Railways minister‚ Lalu Prasad Yadav at Rail Bhavan. These foreign universities had expressed to know how Lalu converted the loss making Indian Railway into Rs. 20 billion profit making organization within 2 years‚ without increasing fares. Mr. Lalu Prasad Yadav explained students in Hindi and
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decades INTRODUCTION: Indian Railways is one of the world’s largest railway networks with a history of 150 years. Governed by Ministry of Railways‚ it traverses across the entire length and breadth of the nation. Railways were first introduced in India in 1853.Since then‚ the Indian Railways has evolved a lot and has made some major changes in terms of technology and the information system it uses. IT was introduced in Indian railways in 1960 in the form of computerized passenger and freight revenue
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