August 30, 2006EconomyPublic Policy

Lalu Prasad Yadav to lecture at IIM

On cows, bulls and corporate turnarounds

This is an archived blog post from The Acorn.

Much criticised on this blog for his neglect of railway safety, Lalu Prasad Yadav has nevertheless presided over one of the few instances in recent memory when India’s gargantuan state-owned railway system has turned a profit. The feat under his belt and with prime ministerial ambitions not inconcievable, Lalu Prasad is, bizarrely, attempting to improve his image. For instance, to that of a—hold your breath—“management guru”.

(Lalu Prasad Yadav’s) secret lies in the fact that he did not convert the ministry into a Bihar Bhawan but left the crucial decision to his bureaucrats. He is achieving his targets not by increasing fares or downsizing, but by increasing traffic.

[Rediff]Lalu’s next stop? Apparently, Harvard.



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