Question

The number of people travelling back and forth from India has increased considerably because
of
(a) India's first war of Independence
(C) Economic liberalisation
(b) India's independence
(d) Good railway services​

Answer 1

Answer:

Earlier this month, Indian Railways celebrated its 160th anniversary. The first passenger train set off on 16 April 1853 from Mumbai to Thane, 34 kilometres away. Here, Latika Chaudhary and Dan Bogart analyse the economic role of railways in British India. This is the first of two blogs on public goods provision in colonial India.

Railways were the most important infrastructure development in India from 1850 to 1947. In terms of the economy, railways played a major role in integrating markets and increasing trade. In terms of politics, railways shaped the finances of the colonial government and the Princely States. At the same time, Indian political institutions influenced railway ownership and policy, which in turn influenced railway performance. As the twentieth century progressed, railways became a force for independence and democracy.

The Government of India had a strong influence on railways from the beginning, but the government’s role increased over time. Railways were partially nationalised between 1880 and 1908 as the Government of India assumed a majority ownership stake in the former guaranteed railway companies. Dividend guarantees were a key feature of the early era of private ownership before 1880. We argue that guarantees weakened incentives to lower costs, but they also encouraged rapid railway development. Complete nationalisation occurred between 1924 and 1947 as the colonial government assumed full control over operations.

Answer 2

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1) Meaning of the statement: People travelling to India and from India to abroad have increased a lot. 2) Due to the development of the aviation sector and the Government's liberalization policy people travelling across various countries to India has been seen post-1990's.