Bankruptcy to Billions: How the Indian Railways Transformed

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The Indian railways is one of the world’s largest state-owned enterprises with around 1.4 million employees, over 63,000 kilometres of network, running around 13,000 trains each day. Bankruptcy to Billions reveals for the first time how the Indian railways transformed from near bankruptcy to post US$ 6 billion (Rs 25,000 crore) annual cash surplus in 2008. Using data, analyses, and insight, the book reveals how the turnaround story was scripted in just four years between 2005 and 2008. Capturing the fine balance between the commercial and the social, the book shows that the transformation is the result of several constrained nnovations–political, commercial, operational and maintenance and investment-related. Articulating the ‘how’ aspect of inclusive reforms–how creative thinking and strategic action triggered this veritable revolution without burdening the poorer consumers–the book draws lessons that can be applied to other public sector services like water supply, energy, irrigation, and public transport. The real story of the transformation of the Indian railways, Bankruptcy to Billions will prove indispensable for policymakers, management professionals, students, as well as general readers.

ABOUT THE AUTHOR Sudhir Kumar

Dr. Sudhir Kumar (b. 1953) is a Senior Lecturer in the Post Graduate Department of Political Science, D.A.V. Post Graduate College, Azamgarh (U.P.). He has all along a brilliant academic record/. After graduating from Allahabad University in 1972, he was awarded Masters degree with Gold Medal from Gorakhpur University (1974). He obtained his doctoral degree from the Gorakhpur University. He has contributed several papers to various journals and its associated with several academic bodies like Indian Institute of Public Administration, New Delhi, Indian Political Science Association and Poorvanchal University Political Science Association (P.U.P.S.A.). He is Zonal Secretary Political Science Association Journals. He is the author of Model Political Theory in Hindi which was recently published.

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Bibliographic information

Title
Bankruptcy to Billions: How the Indian Railways Transformed
Author
Edition
1st ed.
Publisher
ISBN
0198069073
Length
xx+208p., Tables; Figures
Subjects