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Nationalisation of Railways: Challenges and Prospects
The chapter delves into the complexities and challenges of nationalising the railways, discussing the need for decisive action amidst concerns of inefficiency. It highlights the ownership structure of trains, the impact of leasing agreements, and the substantial investment in the railway system by rolling stock companies. The conversation also explores the shift in the relationship between train operators and the government, referencing past experiences and raising questions about the feasibility and effectiveness of Labour's plan.