Question

explain railways under contribution to growth of industry​

Answer 1

Answer:

Railway being an important part of service sector also contributing to nation's economic development directly as well as indirectly. ... Service sector is gradually improving its share in employment. Capacity building on existing routes will help in carrying more and more freight, also in increasing passenger travelling.

Answer 2

Answer:

The consequence of lower prices and lower costs is to encourage investment and spending. Many projects are now profitable that weren't before. Railways are increasing the productive capacity of the economy, shifting aggregate supply to the right.

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