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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.
168 THE RAILWAY INDUSTRY AND COMMERCE OF INDIA 3. 101 mining and quarrying companies (excluding gold mining) 299,094,000 4. 87 jute mills (excluding 6 mills for which figures are not available) 5. 233 coal mines 234,822,OO() . 119,676,000 ': ~'; .. ::30,348.000- 6. 24 weoiJeri,:, 'Silk and he'ilip 'mills'::'~ One cail :oeaslly '-eg"tifuate :tlie', Unportance of railways in Indi~n.ec
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Dhananjayarao Gadgil Library . 1111
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(') . \ , l '~/
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PREFACE These studies in applied ec
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The material for these studies in w
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vii The material for these studies
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of economic theory and history to t
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Preface CONTENTS Principles of Cont
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CHART I The Three Equations of Comp
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2 PRINCIPLES OF CONTROL OVER Accord
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4 PRINCIPLES OF CONTROL OVER office
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6 PRINCIPLES OF CONTROL OVER Privat
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8 PRINCIPLES OF CONTROL OVER consis
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10 'PRINCIPLES OF CONlROL OVER to m
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12 PRINCIPAL OF CONTROL. OVER and b
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14 PRI;..JCWLES OF CONTROL qVER The
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16 PRINCIPLES OF CONTROL OVER :are
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'.. I~. [>RINCIPLES OF CONTROL. OVE
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o 20 PRI~CIPLES . OF COXIROL OVER w
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u'Ll:;300:000' 'Iewasfur·
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The Re-piaking of the Reicbsbank an
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.fQ:ndioning, first and foremost, I
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28 THE RE~MAKING OF THE REICH5BANK
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3'0. THE RE~MAKING .OF THE REICHSBA
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32 THE RE-MAKING .oF THE REICHSBANK
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34 THE RE-MAKING OF THE REICHsBANK
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36 THE RE-MAKING OF THE REICHSBANK
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38 THE RE-MAKING OFTHEREICHSBANK Do
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40 THE RE-MAKING OF THE RElCHSBANK
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46 THE· RE-MAKING OF THE REICHSBAN
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~8 . THE RE-MAKING OF THE REICHSBAN
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50 THE RE~MAKING OF THE REICHSBANK
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56 THE RE~MAKING OF THE RElCHSBANK
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58 THE RE-MAKING OF THE RElCHSBANK
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(>2 THE RE-MAKING OF THE REICHSBANK
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64 THERE-MAKING OF THE REICHSBANK m
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66 THE RE~MAKING O~ THf: REICHSBANK
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AND THE BANQUE~DE FRANCE 67 Bills D
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CHART III Banque de France t/isat/i
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;gO THE RE~MAKING OF THE REICHSBANK
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7.2 TIlE RE-MAKING OF THE REICHSBAN
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H THE RE~MAKING 01;' THE REICHSBANK
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76 THE RE-MAKING' OF THE REICHSBANK
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78 THERE-MAKING 01;' THE,REICHSBANK
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'So THE RE-MAKING OF THE REICHSBANK
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The Bank Capitalis,m of Young Benga
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84 THE BANK CAPITALISM OF YOUNG BEN
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(1) Imports THE BANK CAPITALISM OF
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THE BANK CAPITALISM OF YOUNG BENGAL
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THE BANK C~PITALISM OF YOUNG BENGAL
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THE BANK CAPITALIsM OF YOUNG BENGAL
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CHART V Progress of "Large" Indian
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I P THE BANK CAPITALISM OF YOUNG'BE
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J,1,4 THE B~N~ CAI:'I1.:ALtSM OF YO
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Page 143 and 144: 122 THE BANK CAPITALISM OF YOUNC·
Page 145 and 146: 124 THE BANK CAP.ITALISM OF YP1J:-.
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Page 163 and 164: 142 THE "BANK CAPITALISM OF YOUNC.
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Page 181 and 182: 160 THE BANK CAPITALISM OF YOIDIG B
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Page 191 and 192: HU11-IE RAILWAY INDUSTRY AND COMMER
Page 193 and 194: 172 THE RAILWAY INDUSTHY .. At'/D C
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Page 197 and 198: 176 tHE RAILWAY INI?USTRY AND COMME
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Page 201 and 202: mE RAIL VIA Y INDUSTRY AND COMMERCE
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218 THE RAILWAY INDUSTRY AND COMMER
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THE RAILWAY INDUSTRY AND COMM:ERCE
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Traces of Rationalization in Indian
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RATIONALIZATION IN INDIAN BUSINESS
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RATIO:'-lALlZATION IN INDIAN BUSINE
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RATIQ'lAUZATlONIN INDIAN BUSINESS E
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R~TIONALIZATION IN INDiAN BUSINESS
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RATIO:'IIAU,ZATION IN INDIAN BUSINI
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RATIO~ALlZATION IN INDIA~ BUSINESS
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RATl~AUZAl'ION IN 4NDlAN BUSINESS E
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RATIO:-.lALIZATION IN INDIAN BUSINE
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RATIONALIZATION IN INDIAN BUSiNESS
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RATIONALIZATION ININDIAS BUSINESS E
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RATIONALIZATION IN INDIAN BtJSINESS
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RATIO:'lllALIZATION IN INDIAN BUSL"
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Tbe World-Crisis in its Bearings on
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WORLD-CRISIS: INDUSTRIAL REVOLUTION
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WORLD..
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WORLD~CRISIS : INDUSTRIAL REVOLUTIO
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CHART VII Post-war expansion of tra
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272 WORLD~CRISIS: INDUSTRIAL REVOLU
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274 WORLD-CRISIS: INDUSTRIAL ~EVOLU
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276 W::RLD-c..~SIS: K'IIJt]STRIAL R
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WORLD-CRISIS: INDUSTRIAL REYOLUTION
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CHART IX Vage and Cost of Living In
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282 WORLD~CRISIS: INDUSTRIAL REVOLU
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284 WQRLD~CR'ISIS: DIDUSTRIAL REVOL
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286 WORLD~CRISIS : INDUSTRIAL REVOL
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290 WORLD.CRISIS: INDUSTRIAL REVOLU
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292 WORLD-CRISIS: INDUSTRIAL REVOLU
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294 WORLD~CRISIS : [\lDUSTRIAL REVO
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298 WORLD-CRISIS: INDUSTRIAL REVOLU
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00 WORLD~CRISIS· : INDUSTRIAL REVO
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INDE:4 Absolute figures in internat
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INDEX 305 Financial rationalization
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INDEX 307 Poverty as world phenomen
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