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Indian Railways | India RailwaysFrom its first railway in 1853, the Indian Railways has grown to become Asia’s second largest (after China) and the world’s third largest state-owned railway system. Indian Railways is organized as a central government operation under the Indian Railway Board. Indian Railways owns and operates its own electric-locomotive, diesel-locomotive, and passenger-coach factories (Indian Railways, India Railways). It also operates one of the world’s largest railway research organizations (Indian Railways, India Railways). As elsewhere in Asia, the Indian railroads strive to meet increasing passenger and freight loads resulting from increasing population and expanding industrial and agricultural production (Indian Railways, India Railways). During the 1970s, a modernization program introduced welded rail, radio communications, centralized traffic control, mechanized railroad yards, and containerization into the Indian rail system. However, inadequate funding and a lack of physical resources remain obstacles to modernization (Indian Railways, India Railways). Indian Railways | India Railways |
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Indian Railways | India Railways |
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GOVERNMENT REGULATION OF RAILROADS: • INTRODUCTION • STATE REGULATION • FEDERAL REGULATION • EARLY 20TH-CENTURY REGULATION • THE DEPRESSION YEARS • POSTWAR ENACTMENTS • DEREGULATION MOVEMENTS |
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