Correct option is D
The correct answer is (d) Safeguarding the Company's financial interests in India
The British East India Company introduced railways in India primarily to serve their economic and administrative interests. The railways were developed to facilitate the movement of raw materials from India's interiors to ports for export to Britain and to transport British-manufactured goods into the Indian market. Additionally, the railways helped in maintaining British control over India by allowing easy troop movement.
- Railways were introduced in India in 1853, with the first train running between Mumbai and Thane.
- The British aimed to extract raw materials like cotton, jute, and coal from India for their industries.
- Railways enabled efficient transportation of British-made goods, increasing British trade profits.
- It helped in the rapid deployment of British troops during revolts like the 1857 Revolt.
- The railway expansion was funded by British investors, ensuring high profits with guaranteed returns.
- While railways later contributed to India's development, their primary purpose was to serve British colonial economic and military interests.
- Industrialization of India – The British focused on extracting resources rather than industrializing India.
- To unite India – Railways were not intended for Indian unity but for British administrative control.
- Improvement of economic condition – The railways were designed to benefit British trade, not India's economy.