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MINISTER WHO MEANS BUSINESS
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Lalu Prasad Yadav, Union Railway Minister:
Hailing from an impoverished and backward state of Bihar, Laloo Prasad Yadav displayed an early interest in politics through his involvement in elections at the Patna University.
His long innings in politics included many years as Chief Minister of Bihar. Lalu Prasad, when he took charge of the railway ministry, transformed it into a miracle of modern management technique. The astonishing nature of his achievement was highlighted during the presentation of the railway budget when he announced the enormous profit of Rs.20,000 crore (Rs.200 billion).
And this remarkable feat was made possible without increasing passenger fares and freight rates.Not surprisingly, Lalu Prasad has become the toast of business schools, which are eager to fathom the secret of his success.
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