Download App

EMERGING ISSUES IN INDIAN ECONOMY — Economics STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceEconomicsEMERGING ISSUES IN INDIAN ECONOMY5 Marks
Question
Write a short note on Ipdian Railways and its role in India’s economic prosperity.
✓

Answer

Indian Railways:
  • World over, railways-is considered to be a revolutionary development in the field of transportation. .
  • The Indian Railways .was started on $16th$ April, $1853$ by the British Government for their trade benefits.
  • The first railway line was put-up between Bombay and Thane covering a distance of $22$ miles $($approximately $34$ kilometers$).$
  • After independence, the administration of railways came into the hands of Indian Government. The government established a separate department to administer the rail network of India.
  • Today, India’s rail network is at $1st$ position in Asia and at $4th$ in the world.
  • Indian Railways is India’s biggest public enterprise employing more than $14$ lakh people.
  • In $2012, 8200$ million passengers travelled through railways and goods weighing $970$ million tonnes were transported.
Role of railway in India’s economic development:
  1. Industrialization and business has become faster.
  2. Over time railways has reduced the distance between places due to high speed trains. Moreover, increased safety and comfort of travel has also encouraged people to make more and more use of railways. Hence, movement of labour from one place to another or say to the place of production has become easier, safer, faster and more comfortable.
  3. Development of railways has resulted in commercialization of agriculture. Railways are widely used for transporting fertilizers, tools and other inputs from distant places to place of agriculture. Also, railways are used to transport agriculture produce to the market.
  4. India’s foreign trade has also developed through the development of railway.
  5. Railways have boosted tourism industry drastically.
  6. Railways also act as a link for national unity and integrity by connecting and transporting people of one region to another.
From this we can say that Indian Railways has contributed significantly in ‘ the development of all the sectors namely, agriculture, industry and service and hence led the Indian economy to great heights.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "5 Marks Each" from EMERGING ISSUES IN INDIAN ECONOMY→EMERGING ISSUES IN INDIAN ECONOMY — all question types→Economics STD 12 Commerce question papers→Gujarat Board STD 12 Commerce question papers→Gujarat Board question paper generator→

Similar questions

Explain the meaning of graphs and diagrams. To present the economic data, what Is the importance of graphs and diagrams for common people and experts?
→
Explain in detail the methods to control population.
→
Write a short note on level of malnutrition as an indicator of poverty.
→
Why and how should government encourage developing cottage and small scale industries as a means to raise employment
→
Railways are the lifeline of India economy. Explain.
→
Explain in detail the primary functions of the banks.
→
Explain absolute poverty and calculate the absolute poverty in India.
→
Explain the causes of Migration.
→
Analyze the following information on employment in the three main sectors of China and India in $1999$ by presenting the following columns.
Sector Employment
China India
Agriculture $50.0$ $60.5$
Industry $22.0$ $16.8$
Service $28.0$ $22.7$
→
How do you compare India with other countries in terms of life expectancy and infant mortality?
→