Prof Lalu Prasad Yadav, MBA

By Vijay Kumar

Gone are the days when our Lalu prasad was at the receiving end of all stupid jokes. Now he is a case study for premier management schools. Ms. Karine Le Joly, Director of Academic Coordination, International Programmes, HEC School of Management, Paris, France called on Lalu Prasad yesterday. Ms. Joly had come here to study the tremendous turn around achieved by the Indian Railways. She also evinced keen interest in the steps taken by the Indian Railways to achieve this success in such a short period. Ms. Joly said that the HEC School of Management was conducting training programmes for Divisional Railway Managers (DRMs) of Indian Railways and another batch of DRMs was due in Paris in September 2006. She said that the significant success of the Indian Railways in such a short period had compelled her to make a case study of the same. She said she was here to study the methods adopted to bring about this significant turn around.

May be they don’t teach you how to run railways in Harvard. The Harvard educated Finance Minister can perhaps take a crash course on financial management from his colleague in the Railway ministry for better management of the revenue administration.