Turnaround Of Indian Railways



Speaker: Honourable Minister, Lalu Prasad, Minister for Railways, Government of India Indian Railways is the worlds largest employer and one of the biggest and busiest rail networks in the world, carrying some 17 million people and more than one million tonnes of freight daily. It was, however, until very recently, a loss-making organisation heading for bankruptcy. Starting his term in 2004 with a budget of just $200 million with which to save the national institution, Indian Railways Minister, Lalu Prasad engineered a dramatic turnaround. In 2007, Indian Railways revenues amounted to $6 billion. This impressive success story has also been featured in the textbooks of prestigious academic institutes worldwide as a case study. Minister Lalu Prasad is a key ally of India’s governing coalition led by the Congress party. He was also the former Chief Minister of the state of Bihar which his Rashtriya Janata Dal party governed for 13 years until 2005.

, ,

  1. #1 by sanjaymarwal on 11/22/2011 - 5:19 AM

    but lalu give chance to do……:) sudher and all staff of railway showes indian power, and i want to say thanks because i m in australia now but before i hadn’t any thing to say about my india but now i have one thing for proud “OUR RAILWAYS ” .

  2. #2 by sanjaymarwal on 11/22/2011 - 5:32 AM

    but lalu give chance to do……:)

  3. #3 by indranilb2008 on 11/22/2011 - 5:32 AM

    Lalu didn’t help in making the railways good…………..

  4. #4 by axtripat on 11/22/2011 - 5:54 AM

    After all, IIT students (though, I am not sure how do they benefit IR) and IAS officers started working for Railways right after Lalu took over.

    Before that, who knows who or what was running the railways.

  5. #5 by binoyrakesh on 11/22/2011 - 6:15 AM

    “people like you” – hey, mind who youre talkin to .

    he is responsible because he made the decisions. a company WILL fail no matter how good the employees are if the management makes wrong moves. that should answer your question. period.
    i have never voted in india and i am not political at all. stop spewing shit like that at me.

  6. #6 by saravanasajan on 11/22/2011 - 6:23 AM

    do u know who made this turn around possible?

    Not ur corrupted Lallllllllllu, its the IIT students and the team lead by this IAS officer.

    because of people like you, this kind of politicians always survive.

  7. #7 by binoyrakesh on 11/22/2011 - 7:01 AM

    Great Respect for Lalu Ji.
    He is the best administrator. You don’t really need a Harvard degree to do this., infact people wih harvard degress can’t do what he did.

(will not be published)