Railway Policy In India Classic Reprint PDF Download

Excerpt from Railways in India: Their Economical Construction and Working The progress of railways in India constructed by joint stock companies from their first inception until the present time has been traced. Although nu doubtedly in the early days of railway construction a money guarantee was necessary to facilitate the raising Of the necessary capital required to construct the splendid existing system of trunk lines, and which were at that time required, as much for the safety of the country as for commercial enterprise; the same cannot be said of some of the railways constructed within the last decade, and which have obtained a sterling guarantee at the expense of the Indian tax payer and without the country receiving sufficient compensating advantage for the many lacs of rupees taken annually from its revenue to meet these charges. The author believes that with ordinary attention to economy, and by supplying only such facilities for travelling as are required by the natives of India, many lines of railway could be laid out and worked, which would be certain to yield a favourable net return to investors. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.