Скачать или смотреть How Indian Railway Saved From BANKRUPTCY | Turnaround of Indian Railway | Lalu Prasad Legacy

#IndianRailway #Bankruptcy #LaluPrasadLegacy

Indian Railways (IR), which was declared to be heading towards bankruptcy as per the Expert Group on Indian Railways in 2001, is today one of the largest profit-making Public Sector Undertaking.

The fund balance crossed Rs.12,000 crores in 2005-06, which had reached a low of just Rs.149 crores in 1990-2000. The total investment in planning for the eight-year time frame (2007-2015) is tentatively in the order of Rs.350,000 crores.

This confidence is not only due to the rising trend of performance but also due to the significant growth in the past two years. These two years coincided with Mr. Lalu Prasad being at the helm of affairs of the IR, having moved into his position on 23rd May 2004. Railway officials called this the ‘turnaround’ of IR.

This video attempts a diagnosis of HOW the turnaround was made possible.

In case you want to know this in detail you can refer to this research report by G. Raghuram published by IIM Ahemdabad. This is also one of the references for my video.
http://vslir.iima.ac.in:8080/jspui/bi...