Question

railways play an important role in the India s economy.Give five supportive arguments

Answer 1

Indian Railways play a pivotal role for the entire lower and upper middle class sectoral travel segment.
It serves as the most economical mode Service sector is playing vital role in the development of Indian economy.
Railway being an important part of service sector also contributing to nation’s economic development directly as well as indirectly.

Indian railways are not only generating formal employment but also a large scale of informal employment through its forward and backward linkages. 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.

Operating ratio improvement will be focused which will help in better financing of projects in future.

E-catering services in train are helping in fueling the growth of Indian Railways and in turn generate better employment opportunities. This has emerged as a major boon for employment generation and in turn supports the growth of Indian economy.

Answer 2

The importance of railways:-

It is principal mode of transportation for goods and passengers in India.Railways make it possible to conduct multifarious activities like business, sightseeing, pilgrimage along with transportation of goods over longer distances.Railways in India bound the economic life of the country as well as accelerate the development of the country and agriculture.

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