GIPE-PUNE-OIIOI2 - DSpace@GIPE

l'be Railway Industry and Commerc,e .of India
in International Railway Statistics
The railways constitute the greatest single industry
~f India. From something above 633,000 in 1913~14 the
-employment roll of this transportation system has expanded
to 741,860 in 1925-26, 772,563 in 1926-27 and a little
above 800,000 in 1927-28. For 1926 the number was
more than that of all the employees in the cotton
,(384, 082), jute (333, 659) and woollen (8,748) mills put
together. In 1927-28 the amount of capital at charge on
.all the railway lines rose to Rs. 8,228,625,000 from
Rs. 7,886,666,000 in 1926-27. A comparative estimate
·of the paid-up capital in a number of joint-stock
enterprises in India will serve to place the railways in the
proper financial perspective. In regard to 1926-27 the
. following figures may be offered:
·1. Railwaysl
2. 306 cotton milIs (excluding
34 mills for which figures
are not available)
Rs. . 7 ;886,666,000
460,391,000
•
I ~t March! 1931, the total capital at charge on all railways .including
tho~ under· coMa.oUction amounted to Rs:. 8,698,100,000. See the
Report of tlaeRtrilway Botud on Indian Rtail"'tIl/a for 1930-31. vol. I.
(Calcutta 1932). p. 24.