{"id":4356,"date":"2024-03-16T16:24:55","date_gmt":"2024-03-16T10:54:55","guid":{"rendered":"https:\/\/www.travelkhana.com\/tkblog\/?p=4356"},"modified":"2024-03-16T16:25:17","modified_gmt":"2024-03-16T10:55:17","slug":"indian-railways-contributing-growth-indian-economy","status":"publish","type":"post","link":"https:\/\/blog.travelkhana.com\/tkblog\/indian-railways-contributing-growth-indian-economy\/","title":{"rendered":"How Indian Railways is Contributing in the Growth of Indian Economy"},"content":{"rendered":"<h1>How Indian Railways is Contributing to the Growth of the Indian Economy<\/h1>\n<p>Indian Railways plays a key role in the entire lower and middle-class travel segment. It is the most economical mode of transport among the prevailing modes of travel in India. India&#8217;s humble beginnings since 1853. Indian railways have now emerged as the main vehicle for the socio-economic development of the country. Indian Railways is a labor-intensive industry employing more than 13.6 million employees. The Indian Railways is one of the largest employers in India. Employment has been one of the most important objectives of development planning in India. Railways in India contribute significantly to employment. Rail transport has several advantageous features compared to road transport. It is six times more energy efficient than the road and four times more economical. Social costs in the form of environmental damage or deterioration of space are significantly lower with railways. Railway construction costs are approximately six times lower than road transport with a comparable traffic volume. It is the only major mode of transport capable of using all forms of primary energy.<\/p>\n<h2><strong>Organizational Structure of Indian Railways <\/strong><\/h2>\n<p>Indian Railways is a state-owned railway company in India with headquarters in New Delhi, India. It is owned and operated by the Government of India through the Ministry of Railways. Indian Railways has 114,500 kilometers (71,147 mi) of track, 65,000 kilometers (40,389 mi) and 7,500 stations. It has the fourth-largest railway network in the world after the United States, Russia, and China. How do Indian<\/p>\n<h3><strong>Railways contribute to the economic development of the country.<\/strong><\/h3>\n<ul>\n<li>The service sector plays an important role in the economic development of India. Railways are an important part of the service sector and also, directly and indirectly, contribute to the economic development of the country.<\/li>\n<li>Indian Railways not only creates formal jobs but also generates a significant number of informal jobs through its forward and backward services. The service sector is gradually increasing its share of employment.<\/li>\n<li>Developing the capacity of existing lines will help transport more and more freight, increasing passenger traffic as well.<\/li>\n<li>Focus on improving the operating ratio, which will help better finance projects in the future.<\/li>\n<li><em><strong><a href=\"https:\/\/www.travelkhana.com\/\" target=\"_blank\">E-catering services in trains<\/a><\/strong><\/em> will boost India the growth of railways and in turn, create better job opportunities. This has proved to be a boon in terms of employment generation and in turn, supports the growth of the Indian economy.<\/li>\n<li>The massive expansion of the network through the <strong>diamond quadrilateral scheme<\/strong> will facilitate the movement of goods and reduce trading hours. This massive project aims to create a high-speed train network in India to connect four metro cities in India namely Delhi, Mumbai, Kolkata, and Chennai. In the first stage, using traditional technology, separate track corridors will be upgraded for train speeds of 160-200 km\/h. In the second phase, key intercity corridors will be identified, and state-owned, public-private partnerships will develop state-of-the-art high-speed corridors up to 350 km\/h. The goal is to develop at least\u00a02,000 km long\u00a04 corridors and at least 8 more corridors in different stages of development by 2020. Current development work is focused on the creation of six corridors:<\/li>\n<li>Delhi \u2013 Kolkata corridor: New Delhi \u2013 Aligarh \u2013 Agra \u2013 Kanpur \u2013 Lukhnow \u2013 Sultanpur \u2013 Varanasi \u2013 Buxar \u2013 Gaya \u2013 Patna \u2013 Dhanbad \u2013 Asansol \u2013 Bardwan \u2013 Kolkata<\/li>\n<li>Delhi \u2013 Mumbai corridor: New Delhi \u2013 Gurugram \u2013 Rewari \u2013 Jaipur \u2013 Ajmer \u2013 Bhilwara \u2013 Udaipur \u2013 Himmatnagar \u2013 Ahmedabad \u2013 Anand \u2013 Vadodara \u2013 Surat \u2013 Vapi \u2013 Boisar \u2013 Virar \u2013 Thane \u2013 Mumbai<\/li>\n<li>Mumbai \u2013 Chennai corridor: Thane \u2013 Navi Mumbai \u2013 Lonavala \u2013 Pune \u2013 Kolhapur \u2013 Belagavi \u2013 Hubballi \u2013 Davangere \u2013 Tumkur \u2013 Bangaluru \u2013 Banagarpet \u2013 Chennai<\/li>\n<li>Kolkata \u2013 Chennai corridor: Kolkata \u2013 Haldia \u2013 Cuttack \u2013 Bhubaneshwar \u2013 Vijayanagram \u2013 Vishakapatnam \u2013 Rajahmundry \u2013 Nellore \u2013 Chennai<\/li>\n<li>Delhi \u2013 Chennai corridor: New Delhi \u2013 Agra \u2013 Gwalior \u2013 Guna \u2013 Bhopal \u2013 Itarsi \u2013 Betul \u2013 Nagpur \u2013 Nizamabad \u2013 Hyderabad \u2013 Vijayawada \u2013 Ongole \u2013 Chennai<\/li>\n<li>Mumbai \u2013 Kolkata corridor: Thane \u2013 Nashik \u2013 Aurangabad \u2013 Akola \u2013 Nagpur \u2013 Durg \u2013 Raipur \u2013 Bilaspur \u2013 Rourkela \u2013 Kharagpur \u2013 Kolkata<\/li>\n<li>Social costs in the form of environmental damage or deterioration of space are significantly lower with railways.<\/li>\n<li>Railway construction costs are approximately six times lower than road transport with a comparable traffic volume.<\/li>\n<\/ul>\n<p>It is the only major transport mode capable of using any form of primary energy. Thus we see that Indian Railways contributes to a major part of GDP through employment generation, freight collection, <a href=\"https:\/\/www.travelkhana.com\/\" target=\"_blank\"><em><strong>e-catering services<\/strong><\/em><\/a>, etc. Adding to the transparency, the recent move towards e-tendering will also help in assessing the profitability and contribution towards development on the whole.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>How Indian Railways is Contributing to the Growth of the Indian Economy Indian Railways plays a key role in the entire lower and middle-class travel segment. It is the most economical mode of transport among the prevailing modes of travel<\/p>\n","protected":false},"author":1,"featured_media":4357,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[285,354,212,209,362,369,628],"tags":[],"class_list":["post-4356","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-food-delivery-in-train","category-food-in-train-2","category-indian-railways-2","category-indian-railways-news-2","category-indian-railways-reservation","category-indian-railways-timetable","category-ramadan"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How Indian Railways Contributing to the Growth of Indian Economy<\/title>\n<meta name=\"description\" content=\"Indian Railways plays a key role in the entire lower and middle-class travel segment. 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