Question

Indian Railways is a part of Railway Ministry. It is organised, financed and controlled by Railway Ministry.
The finances are allocated from government treasury and whatever revenue it earns is deposited to government
treasury only. It is treated as a part of government and even the appointment recruitment and selection of
en ployees is done in the same way as that of civil servant.
Wame the type of public sector enterprise ‘Indian Railways' is.
(ii) What is the status of employees working in Indian Railways?
(iii) How does it get its finance?
(iv) What does it do with its revenue?

Answer 1

The answer to the following questions are given below:

Explanation:

• The employees of the Indian railway are considered to be civil servants or government employees and they are given the statuses of civil servants.

• The Indian Railway gets its finance from the allocated government treasury.

• The revenue earned by the Indian railway is deposited to the government. This is because the Indian railway is considered to be a public sector facility.