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Indian Railways is a state-owned enterprise that is organised as a deparmental undertaking of the Ministry of Railways of the Government of India and operates India's national railway system. [ a ] As of 2023 [update] , it manages the fourth largest national railway system by size with a track length of 132,310 km (82,210 mi), running track ...
The rolling stock consisted of 318,196 freight wagons, 84,863 passenger coaches, 14,781 locomotives and other multiple units owned by Indian Railways apart from rail-sets operated by metro rail corporations. Studies by economic historians have identified substantially beneficial economic effects from the Indian railway network. [6] [7]
In India, state-owned enterprise is termed a Public Sector Undertaking (PSU) or a Central Public Sector Enterprise (CPSE). These companies are owned by the Union Government, or one of the many state or territorial governments, or both. The company equity needs to be majority owned by the government to be a PSU. Below are some Examples.
The National High Speed Rail Corporation Limited (NHSRCL) was incorporated in 2016 to manage high-speed rail corridors in India. It is a wholly owned subsidiary of Indian Railways, the Ministry of Railways and the Government of India. [1] NHSRCL was formed under the Companies Act, 2013. The objective of this body is the development and ...
Indian Railways is a statutory body that reports to parliament and is under the ownership of ministry of railways. [18] Indian Railways is further divided into 18 administrative zones (17 operational), headed by general managers who report to the board along with the heads of other institutions and undertakings owned by the Indian Railways. [17]
Indian Railway Catering and Tourism Corporation: 1999 Ministry of Railways: Services Tourist services Miniratna Category - I 89 Indian Railway Construction Limited (IRCON) 1976 Ministry of Railways: New Delhi: Services Contract & Construction Services 90 Indian Railway Finance Corporation: 1986 Ministry of Railways: Services Financial Services 91
Government-owned companies in India, including those belonging to individual states. ... National High Speed Rail Corporation Limited; ... Rail India Technical and ...
Indian Railways is a statutory body under the ownership of the Ministry of Railways of the Government of India that operates India's national railway system. It is headed by a Railway Board whose chairman reports to the Ministry of Railways.