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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.This book is a case study of how the Indian Railways brought a revolutionary change in its infrastructure to script its own success story. Defining and evaluating the conventional policy approach to reform large state-owned enterprises, this book comprehensively analyses Railways' innovative modus operandi that changed its status from a "profit averse" to a "profit oriented" organization. Providing valuable insights into other state-owned enterprises, Bankruptcy to Billions unveils the real story of the transformation of the Indian Railways.
This book investigates the management strategies and policy shifts that enabled the Indian Railways to transition from a state of near-bankruptcy to a multi-billion dollar annual cash surplus. Authors Shagun Mehrotra and Sudhir Kumar utilize their expertise in infrastructure and public policy to dissect the operational overhaul of one of the world's largest state-owned enterprises. By analyzing the specific period leading up to 2008, the authors provide a framework for understanding how large-scale public organizations can pivot from profit-averse models toward sustainable, profit-oriented structures.
What You Will Find
Experts and policy analysts identify this work as a significant case study for understanding the complexities of managing massive public sector entities. Readers frequently note the technical density of the prose, which serves as a foundational text for those interested in infrastructure economics and organizational reform in developing nations.
Page Count:
228
Publication Date:
2011-01-05
Publisher:
Oxford University Press
ISBN-10:
0198069073
ISBN-13:
9780198069072
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