risk management for online railway reservation
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The beginnings of the Indian railways can be traced back to the vision of Rowland Macdonald Stephenson (1808-95), 2 whose family had been engaged in commerce for several generations and was interested in India. Stephenson studied civil engineering at Horrow and began working at British shipping and navigation companies covering India. He was interested in rail transport, which had had a huge impact on transport in England. He made his first proposal for a rail transport system in India to the East India Company in London in 184l, which was rejected as a wild project. In 1843, he sailed to Calcutta to discuss his case with officials of the Government of India and published a report on January 1, 1844 in The English of Calcutta proposing six main lines. In July 1844, he requested government support; The response was encouraging. With the support of the insured government, he sailed to London, where he formed the East India Railway Company (EIR) with himself as Managing Director (Bhandari, 2008). The first EIR train was launched on 15 August 1854 from Howrah to Hooghly, a distance of 37 kilometers.


Meanwhile, Stephenson advocated acceptance of his 1844 proposal by the British Government in London for large-scale railway construction in India by that government (see Appendix 1 of the Archives of the National Railway Museum). The British government accepted this proposal, which resulted in the creation of companies to run the railways in India. One such company was the Great Peninsular Railway of India (GIPR). On December 22, 1851, a small steam locomotive named Thompson, belonging to GIPR, began to transport some wagons that contained land in the state of Uttar Pradesh, then known as United Provinces. However, it did not last long and had a spectacular death with a boiler explosion, reportedly to the delight of construction workers who had seen the locomotive more as an obstacle than as an aid. Two years later, the first passenger train powered by a steam locomotive was introduced on April 16, 1853 between Mumbai and Thane by GIPR, covering a distance of 32 kilometers.

At the same time, the East India Railway (EIR) ordered two UK locomotives, which acquired the names of Express and Fairy Queen. The latter is still chugging and is the oldest working locomotive in the world mentioned in the Guinness Book of World Records. By 1870, GIPR had transported two million passengers to and from Mumbai. In 1901, EIR transported 24 million passengers each year, nearly doubling to 42 million in 1916-17 and 72 million in 1927 (http://www.irfca.org; http: // en.wikipedia.org).
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