Indian Railways gets Ambitious

IIPM PUBLICATION

It’s quite clear that Railway Minister Lalu Prasad Yadav is not going to be content with Indian Railways turnaround story – so what if he’s now donned the mantle of a sought after management guru, who’s busy doling out fundas to IIM students? The honourable minister wants to do more! Under his stewardship, the Railways is coming out with a 10-year plan to make Indian Railways, the global numero uno (no less)! The minister claims that he is “valuating the need of the Railways in all sectors – wagons, coaches and wheels.” That apart, Indian Railways is also in the process of “modernizing its infrastructure.” What’s more, Indian Railways plans to do all this without hiking fares or laying off a single person (in an age where downsizing workforce seems to be the reigning mantra for future growth globally!). More power to the railways then!

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Source : IIPM Editorial, 2007

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative