Lalu Prasad may soon make it to IIM-Ahmedabad.

Book Review by: ishika

Original Author: lahari

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Lalu Prasad may soon make it to IIM-Ahmedabad. The B-school is studying the Indian Railways turnaround story to

make it a case study for its students.
Impressed by the healthy balance sheet of the railways, G Raghuraman, professor of public systems group at IIM-A, will lead a team to hold discussions with Lalu and his officials later this week.
Whether the turnaround can be sustained once the RJD chief moves out of Rail Bhavan will also be built into the case study. "There have been good results in the last two years.
One would like to highlight the underlying processes (of the turnaround) when only two years ago the Railways had been written off.
We want to understand how much of it is due to the initiatives of the railway minister and his team, and if it can be sustained after him," Raghuraman said.
IIM-A is the latest addition to the growing list of admirers who are paying attention to the Railways after an expert committee under Rakesh Mohan, who is now RBI deputy governor, wrote it off in 2001.
The committee said the government's largest departmental enterprise was on the verge of a financial collapse, and faced bankruptcy.
The success story stands out also because it has happened under Lalu who never had reformist pretensions.

Published: July 26, 2006

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