Case Study

CASE STUDY The New Face of Indian rail in counsels Today, Indian Railways is on the verge of a financial crisis... To tramp it bluntly, the ` job as usual low growth will cursorily conduct IR to fatal bankruptcy, and in sixteen age presidency of India will be saddled with an additional financial obligation of over Rs 61,000 crores On a pure run level, IR is in a terminal debt trap. - Rakesh Mohan Committee , 2001 Indian Railways is a Government Department. However, we take pride in the position that our achievement, on the benchmark of net surplus before dividend, makes us dampen than more or less(prenominal) of the Fortune 500 companies in the world. - Mr. Lalu Prasad Yadav , Budget Speech, 2007-2008 The most remarkable thing about the Indian Railways is the financial treatabout it has achieved over the past few years. Given the size of the IR operations, this is amazing. - Tom Harris, UK Railways Minister Introduction The case elaborates the journey of Indian Railwa ys during the past seven years, focuses on the strategies adopted by it for managing the changes and at long last for generating profits of Rs. 25,000 cr, and the challenges it has still to overcome to father world class. septet years ago, Indian Railways was considered as world on the way to deterioration.

One of the government case studies think that Indian Railways is on the verge of a financial crisis, which meant that low growth of Indian Railways `as usual would drive it towards bankruptcy. Table 1 shows the declining performance of Indian Railways. Major cost incurred by Railways was in terms of supply maintenance (44%). But later, it gave a mod direction to its strategical a ffairs in cabaret to turn around the emplo! yment; initiatives were started by Nitish Yadav and later continued by Lalu Prasad Yadav. Background The Indian Railways is one of the largest national transport networks in the world, carrying approximately 18 million passengers and 2 million tonnes of committal daily. It operates more than 11,000 trains per day,...If you extremity to get a full essay, order it on our website: OrderEssay.net

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