How Lalu Yadav made railway profitable?

NEW DELHI: Former rail minister Lalu Prasad’s turnaround of railways from a loss-making to a profit venture was more of a cosmetic exercise, reveals the government auditor’s report. According to CAG, it was the new practice of issuing a “statement of cash and investible surplus” that helped Lalu project a rosy picture.

Was Lalu Yadav a good railway minister?

Lalu Prasad Yadav (born 11 June 1948) is an Indian politician. He is the president of the political party Rashtriya Janata Dal (RJD), a former Chief Minister of Bihar, a former Union Minister of Railways, and a former Member of Parliament of the Lok Sabha.

Is Railway in profit in Lalu Yadav?

Lalu Prasad became the railway minister in the 2004 UPA government. Under his leadership, he claimed that the railways earned a total profit of Rs. 25,000 crore. The report concluded that the performance of the railways actually declined marginally during the last few years of Lalu Prasad’s tenure.

Is Maharani story of Rabri Devi?

Maharani ( transl. Empress) is an 2021 Indian Hindi-language drama streaming television series created by Subhash Kapoor. The political multi-seasons series is partly inspired by what happened in Bihar in the 1990s when Lalu Prasad Yadav made his homemaker wife Rabri Devi his successor.

Is Indian Railways in loss or profit?

The Railways suffered a loss of Rs 38,017 crore in the passenger segment in the last fiscal due to the coronavirus crisis, but some of what it lost was compensated by the goodwill it earned by running Shramik Special trains, ferrying essentials and through innovation in freight movement which helped surpass last years’ …

Who succeeded Rabri Devi?

Rabri Devi