Bankruptcy to Billions: How the Indian Railways Transformed Itself

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ISBN-13: 978-0198060857
ISBN-10: 0198060858
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About the Author


Sudhir Kumar, IAS, is Officer on Special Duty to the Minister of Railways. Kumar's most significant contribution in the recent transformation of the railways is his pioneering work in assisting the Minister in crafting a reform strategy for the railways that does not burden the poor consumers. A student of Delhi School of Economics, he belongs to the 1982 Bihar cadre.

Shagun Mehrotra is currently pursuing doctoral studies at Columbia University, New York. He has done research on infrastructure, economic development, and urban poverty in South-East Asia, China, and India. He has worked with the World Bank, and his advice has been sought for the United Nations Human Development Report (2006) and the Bill and Melinda Gates Foundation, among others.
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Product Details

  • Hardcover: 207 pages
  • Publisher: Oxford University Press (June 15, 2009)
  • Language: English
  • ISBN-10: 0198060858
  • ISBN-13: 978-0198060857
  • Product Dimensions: 8.5 x 0.7 x 5.7 inches
  • Shipping Weight: 15.2 ounces
  • Average Customer Review: 4.0 out of 5 stars  See all reviews (1 customer review)
  • Amazon Best Sellers Rank: #2,560,500 in Books (See Top 100 in Books)

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2 of 2 people found the following review helpful By Sam Santhosh VINE VOICE on July 12, 2009
Format: Hardcover
Can you imagine a mammoth 100 year old Government organization in any country (let alone India) with 1.4 million employees transforming itself from a near bankruptcy situation to $6 Billion in cash surplus over just four years! And that too without privatization, layoffs or price increases! To cap it all they improved service levels significantly and actually managed to reduce prices (over 40%) for the poorer customer segments !! I am sure that everyone will agree that this qualifies as a miracle.

Well, that is the story of the Indian Railways from 2004 to 2008, and it is clearly told in this book "Bankruptcy to Billions" by Sudhir Kumar and Shahgum Mehrotra. Sudhir Kumar, a Government employee in the Indian Administrative Services was deputed on Special duty to the Minister of Railways (Lalu Prasad Yadav) and played a key role in this miracle story. Keep in mind that India has one of the largest railway networks in the world - daily running 13,000 trains (including 9000 passenger trains) over 63,000 km of routes and carrying 17 million passengers.

How did they do it? For an in depth understanding one needs to read the book.
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