Lalu reveals secrets of his success - Instablogs
Lalu reveals secrets of his success
Pratyush , New Delhi: Aug 2 2006
Made Popular Aug 2 2006
India :

Lalu reveals secrets of his success



Indian Railway Minister and RJD supreme Lalu Prasad has turned Indian railway in a profitable unit. Now the management gurus are coming to this new age avatar of Indian Railways.



Earlier, the Indian Institute of Management, Ahmedabad (IIM-A) and the Harvard University had invited Lalu to know the secrets. Now, It was the turn of Paris-based HEC School of Management to know the secrets.



Karine Le Joly, executive director at HEC School of Management was surprised how this man made Indian Railways to earn a healthy cash reserve of Rs.110 billion ($2.63 billion) in the fiscal 2005-06. Earlier, Indian railways were considered as loss making organization and running not for the business purposes only.



Lalu reveals secrets of his success



The railway minister Lalu said while asking about the secret of the success,

The dedication of the 1.45 million railway men, officials and staff. I usually introduce innovative ideas for making extra income. We concentrate hard on not to increase freight and passenger fare despite the increase in diesel prices.



However, he did not forget to say that every one-rupee rise in diesel prices adds Rs.2.11 billion to the fuel bill of the railways.



Karine Le Joly said that the turning process of India Railway from loss making to profit making organization may be better understand as the charisma of the minister.



If lalu’s charisma made Indian railway profitable organization, why his charisma failed to manage the situation of Bihar during his party’s 15-year rule?



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Tags: Lalu Prasad, Indian Railways, Indian Institute of Management, Ahmedabad IIM-A
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sunilkumar.r.kalal
sunilkumar.r.kalal Aug 22 2006
6513/6514 Bangalore Bijapur Express to Bagalkot
385/386 Solapure Passanger to Bagalkot

trains are not start till Date
pl.look into the matter
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VINAY KUMAR SRIVASTAVA
VINAY KUMAR SRIVASTAVA Sep 29 2006
Indian railways must become member of inssan,INDIAN NATIONAL SUGGESTION SCHEME ASSOCIATION NORTH INDIA CHAPTER ,GURGAON,OUR HEAD QUARTER IS IN MUMBAI THERE ARE MORE THAN 450 INDUSTRIES ARE MEMBER. PLS BECOME MEMBER &LEAD IN THE WORLD BY EMPOWERING INNOVATIVE IDEAS OF YOUR QWN RLY EMPLOYEES.WE DO MANY PROIGRAMES AT NATIONAL LEVEL.NTPC,BHEL.BEL HAL.TAT HERO HONDA MARUTI THEY ARE ALSO MEMBER OF INSSAN. WE ARE DELIGHTED WITH ACHIEVEMENT OF OUR RESPECTED LALOOJI FOR MANY BREAKTHROUGH IN INDIAN RAILWAYS.Indian National Suggestion Schemes’ Association,v.k.srivastav hon gen secretary
Northern India Chapter, I - 34, First Floor, South City - II,
Sohna Road,Gurgaon, Haryana - 110 014, INDIA.
Phone / Fax : 91 124 2219262
Email : inssan_nic@inssan.org, inssan_nic@hotmail.com,
Web: http://www.inssanorg.com
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