Changing Tracks: Reinviting The Spirit Of Indian Railway

How to make a 150-year-old run faster, carry more load and make more money In the year 2000, the Indian Railways - the world's second largest railway network under a single management was nearly bankrupt. Over the next eight years,however, there was a dramatic improvement in its performance. From a cash surplus before dividend of Rs 1,071 crores in 2000, it achieved an estimated Rs 25,000 crores (or around Rs 13,000 crores after accounting for all expenditures, receipts and depreciation) in...