Clogged Rail Lines Slow India’s Development
As the world looks to India to compete with China as a major source of new global economic growth, this country’s weak transportation network is stalling progress. ..... India must invest heavily in transportation to achieve a long-term annual growth rate of 10 percent — the goal recently set by the prime minister, Manmohan Singh. ..... the political realities of India’s clamorous democracy stand in contrast to the forced march that China’s authoritarian system can dictate for economic development. ..... A 40,000-mile, 150-year-old network, Indian Railways is often described as the backbone of this nation’s economy. And in fact it is moving more people and goods than ever: seven billion passengers and 830 million tons of cargo a year. ..... Political analysts say that the current railway minister, Mamata Banerjee, has been distracted by her party’s campaign to win elections in her home state of West Bengal. ..... migrant workers, for example, can travel from Mumbai to their homes in Bihar, 1,050 miles away, for 500 rupees ($11). ..... To subsidize passenger travel, the railways levy some of the highest freight tariffs in the world. India charges $395 to move a ton of freight one kilometer — four times what American companies charge and twice as much as in China. ..... the Delhi Metro, a 118-mile subway system.A Rail Minister Distracted by Parochial Issues
Occasionally, she shouted back at her opponents, mostly older men, telling them to shut up and let her finish. ......... One of her campaigns forced Tata Motors, India’s largest auto company, to abandon a factory complex where it had planned to produce a new $2,500 car, the Nano. Tata has since moved the factory to Gujarat State, on the opposite coast of the country. ...... “But at the moment her main aim is to be chief minister of West Bengal.”
Indian Railways is the worlds largest employer and one of the biggest and busiest rail networks in the world, carrying some 17 million people and more than one million tonnes of freight daily. It was, however, until very recently, a loss-making organisation heading for bankruptcy. Starting his term in 2004 with a budget of just $200 million with which to save the national institution, Indian Railways Minister, Lalu Prasad engineered a dramatic turnaround. In 2007, Indian Railways revenues amounted to $6 billion. This impressive success story has also been featured in the textbooks of prestigious academic institutes worldwide as a case study. Minister Lalu Prasad is a key ally of India's governing coalition led by the Congress party. He was also the former Chief Minister of the state of Bihar which his Rashtriya Janata Dal party governed for 13 years until 2005.My Political Resume, Reshma 2010, And September 14
Laloo Yadav: Future Prime Minister Of India
Laloo Should Be Brought Back As Railway Minister
