Nationalisation of Railways

Nationalisation of railways is the process of transferring ownership and control of railway companies from private hands to the government. This means the government takes responsibility for operating and maintaining the railway services, aiming to improve efficiency, reduce costs, and ensure equitable access for all citizens. It often occurs when private companies struggle financially or when a country believes that public ownership can better serve national interests. Essentially, it shifts the management of railways from private entrepreneurs to the state, aligning railway services with national priorities rather than profit motives.