Which one of the following is a public sector enterprise ?a)TISCOb)RIL...
1. Railways are cheap and very convenient mode of transport for long distances.
2. They help in transportation of finished goods or raw materials from one place to another. This helps in growth and development of our country.
3. Railway forms a link between major cities of our country and travelling time has been reduced
4. Railways are even capable of transporting bulky material like crude oil, coal etc in large quantities.
5. Railway facilitates quick movement of troops, police, defence equipment etc.
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Which one of the following is a public sector enterprise ?a)TISCOb)RIL...
Public Sector Enterprise: Indian Railways
Public Sector Enterprises (PSEs) are companies owned and operated by the government. They are established to provide essential goods and services to the public, generate employment, and contribute to the economic growth of the country. Indian Railways is a public sector enterprise and the largest railway network in Asia and the world's second-largest network operated under a single management.
Reasons why Indian Railways is a Public Sector Enterprise:
1. Ownership: Indian Railways is owned by the Government of India. It is a nationalized industry, and the government is the sole owner of the railway network.
2. Public Service: Indian Railways provides essential services to the public, including passenger and freight transportation. It is an integral part of the country's infrastructure and plays a crucial role in the economic development of the country.
3. Employment Generation: Indian Railways is one of the largest employers in the country, providing employment to millions of people directly and indirectly.
4. Government Control: Indian Railways is under the control of the Ministry of Railways, Government of India. The government regulates the policies, strategies, and operations of Indian Railways.
Conclusion:
In conclusion, Indian Railways is a public sector enterprise owned and operated by the government. It provides essential services to the public, generates employment, and contributes to the economic growth of the country.