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What is the Economic Significance of the Indian Railways?

The Indian Railway network is always poised to play a crucial role in the economic growth of the country. Here is some of the crucial economic significance that is being offered by the railways while making it the backbone of the economic structure of the country. 1. Promoting and Facilitating Trade and Commerce: a.) For ages Indian Railways has offered a budgeted and efficient mode of transporting goods. It carries heavy and bulky commodities like coal, steel, and agricultur

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