Saturday, July 26, 2008

How Lalu changed Railways to profit making industry

After the parliamentary election there was big fight between Lalu yadav and Paswan for the post of railway Minister but the former succeeded in getting the minsitry. Paswan was fuming and helped in defeating Lalu and his party in the next assembly election in Bihar. The people of India were very worried that Indian Railway which is the biggest public sector industry in India will be run by a corrupt leader like Lalu yadav. But somehow Lalu in just a year or so has turned the face of Indian Railways the same industry which was making loss every year is now making profit. Many experts still cannot believe and are really struggling to find out how he could do this which noone else has done in the past. His contribution has been acknowledged by institutions like IIM and have requested Lalu to give a lecture on this subject. To add to his fans now the Lal Bahadur Shastri Academy for Administration in Mussoorie has invited Lalu Yadav to give a lecture on the same subject to IAS and IPS probationers. His critics are really finding it hard to catch a flaw in his policies and in secret even admire his decisions. What is the Lalu mantra that has made spectacular financial success of the Indian Railways during last financial year which has prompted the railways to set a target Rs 20,000 crore as profit for the year 2007-08. This has also resulted in Lalu being acknowledged as the new ‘Management Guru’ with some leading management institutes requesting him to deliver lectures to their faculty and students alike. But the sad news is that while his graph as a successful railway minister was going up, his political fortunes in his home state had taken a dip. I really do not know what could be the reason is Nitish better than Lalu but if that is the case when he was the Railway minster why he could not any passenger friendly schemes like Lalu and still manage to make profit for the industry. Hats off to Lalu and his Lalu Mantra’s.
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