The ministry of Railways is the ministry in the government of India, responsible for the country’s rail transport. The ministry is headed by the Minister of railways, a cabinet-level Minister who presents the rail budget every year in Parliament. Indian railways are financed by the government through allocation of funds in the Annual General Budget of Parliament. Government treasury provides finances and revenue earned also paid into the treasury. How will you categorise Indian railways as a form of Public sector enterprise? State features of this type of Public sector enterprise?.
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The Ministry of Railways is a ministry in the Government of India, responsible for the country's rail transport. The ministry operates the state-owned Indian Railways, an organisation that operates as a monopoly in rail transport and is headed by the Chairman of Railway Board.
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Business enterprise of government. Public enterprises are business enterprises established by government. ...
Government ownership, management and control. ...
Service motive. ...
Autonomy. ...
Public accountability.
Separate legal status. ...
Continued existence.
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