Sunday, September 21, 2008

GROWTH OF INDIAN RAILWAY – A REALITY OR A VAGUE


Indian railway (IR) which is a department of Government of India has owned a monopoly in India. It is the second largest rail network in the world, transporting eighteen millions passengers daily. IR is the world largest commercial or utility employer.
Although IR is an important resource for India but it was running in heavy loss from past few years it was almost bankrupt. It use to show a deficit budget every year. This was all due to the malpractices which run into the system at its extreme. This all suddenly came to an end when Mr. LALU PRASAD YADAV was elected as the railway minister. The railway suddenly turned out to be a profit making sector and started contributing to the govt. treasury.
Now the question which arises in our mind is that suddenly what he did that one of the burden of goverment resourse turned out to be a profit making?
The answer is not difficult to judge. He did nothing different what he did was he did thing differently – in the words of SHIV KHERA

Winner’s don’t do different things they do things differently “- YOU CAN WIN

It was not that he ignored the poor sector and started increasing the fairs. He took both the rich and poor class people into consideration and took appropriate measures. He knew that if in order to fulfill the loss he raised the fairs the public will be disappointed. So what he did he took certain measures like-
1) He turned most number of trains into fast passengers but the time which it covers was not more than 30min. This added an extra fair to the passenger
2) He introduced a side birth system in which instead of two there will be three side births. Although it in highly inconvenient but in increased the revenue.
3) Previously in case of Tatkal tickets there was no place of waiting list and limited tickets were introduced but now even in Tatkal tickets can be booked before time
4) He removed the malpractices which was use to run in the stalls of railway platforms.
5) He increased the booking period from 2 months to 3 months.
6) Currently one of the good steps was that he gave the charge of Rajdhani express to private companies like Airtel, etc. which will give railway huge revenue and the public will get receive better services.
7) He also made the fair charges absolutely free for the boys up to class 12 and for girls till college.

Some people think that the step which he took was unfair to raise the revenue because it is misleading the people. But what I think that he did not raise the fairs for poor people and if the upper middle class and higher class people have to pay an extra few bugs its nothing wrong in it. He had a quality of a complete manager, although his style of work is quite different from that of others ultimately what matters is result and he had that. It was due to his this quality that he was invited as a guest lecturer in IIM AHMEDABAD (the best management institute) to share his idea’s and experiences.

Not only this he used they surplus revenue in the development of railways he developed new railways track where the need was urgent, woman’s were provided with better security in the local trains, etc. thus we can say that growth of railway has is a reality.

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