Indian railways is a monopoly and no way it can be run at loss (unless the revenues were siphoned off). After computerization of the railways, it was unavoidable that a good part of the data had to come to books. Also since most of the listed companies who are vendors are under the scanner of investors, most of the contract details have to be brought into records. It had to happen & happened during La Loo's time.
Re: Indian railways
by Vasanth Madhav on Apr 09, 2009 05:33 PM Permalink
laloo swindled bihar and made enough for 11-15 generations. laloo has not done anything special expect for boosting that he has done everything. if so why railways is continuing to take world bank, ADB loans for development. he is a hypocrite. imagine if he becomes PM, what will be the fate of the country. except biharis none else can understand what he speaks. he speaking english (like Sonia - speaking enlish in Italian style) cannot be understood except himself
Re: Indian railways
by silk on Apr 09, 2009 03:56 PM Permalink
Given a chance, Laloo would have done what the Rajus did with Satyam. Thank God, it needs some skills to do even a Satyam!!
Re: Re: Indian railways
by Vasanth Madhav on Apr 09, 2009 05:39 PM Permalink
he is a master swindler one who swindled bihar for years knew how to swindle being a master swindler. since he is made so much in bihar scandal he could not swindle anymore
Re: Re: Indian railways
by Siddhartha Das on Apr 09, 2009 04:07 PM Permalink
Very well said, Silk. The man has completely destroyed the railway infrastructure - ask any Mumbai commuter, delays and cancellations of local trains are at a record high. The IIM people called him in to take classes for their own publicity (otherwise IIM's are named in the media only during the placement season).