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Turnaround of Indian Railways: A Critical Appraisal of Strategies and Processes

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  • G. Raghuram

Abstract

Indian Railways (IR), which was declared to be heading towards bankruptcy as per the Expert Group on Indian Railways in 2001, is today the second largest profit making Public Sector Undertaking after ONGC. This confidence is not only due to the rising trend of performance, but also due to the significant growth in the past two years. These two years coincided with Mr. Lalu Prasad being at the helm of affairs of the IR, having moved into his position on 23rd May, 2004. Railway officials called this as the ‘turnaround’ of IR. This paper attempts a diagnosis of the ‘turnaround,’ beginning with the question as to whether it really was a ‘turnaround’. This paper then carried out an analysis of the various determinants of the ‘turnaround’ related to goods, passenger and other operations. This is followed by a critical assessment of the strategies and key processes being the ‘turnaround’. Finally the sustainability of the ‘turnaround’ is explored.

Suggested Citation

  • G. Raghuram, 2007. "Turnaround of Indian Railways: A Critical Appraisal of Strategies and Processes," Working Papers id:853, eSocialSciences.
    • Handle: RePEc:ess:wpaper:id:853
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    File URL: http://www.eSocialSciences.com/data/articles/Document12722007370.6343195.pdf
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    Cited by:

    1. Ravibabu, M., 2013. "A nested logit model of mode choice for inland movement of export shipments: A case study of containerised export cargo from India," Research in Transportation Economics, Elsevier, vol. 38(1), pages 91-100.

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