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Mamata targets Lalu, questions Railways boom
NDTV Correspondent, Friday December 18, 2009, New Delhi

On a collision course, Mamata Banerjee finally produced a white paper on Railways' performance under Lalu Yadav. And the white paper says, Lalu's success story as Railway Minister which earned him much acclaim, even from business schools is only 50 per cent true.
 
The Report says, during Lalu's tenure Railways showed Rs 88,669 crore as cumulative cash surplus before paying dividends. The White Paper says the correct figure should be Rs 39,411 crore.
 
Lalu claimed Railways had an investible surplus of Rs 66,804 crore, but the white paper says it is just about Rs 20,268 crore.
 
The Report says the discrepancy in figures is because of a different accounting procedure adopted in the past 5 years. The Report also notes that the best performing years in the Railways have been between 1991 and 1996.
 
"It's only a status paper. I respect everybody and the report was important for the financial health of the Railways," said the Railway Minister, Mamta Banerjee.
 
 
The former Railway Minister, Lalu Prasad reacted predictably, "I have never gone begging to the government to ask for money for the Railways ... the PM has praised my work, so why should I believe any minister?"
 
While the BJP welcomed the white paper, for the Congress it was a tight ropewalk between two allies.
 
"There is no doubt that the health of Railways went up during Laluji's time but whether it went to the extent he claimed is debatable," said Satyavrat Chaturvedi, Congress MP.
 
 
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Comments
Posted by Girish on Dec 18, 2009
Now not a single private television channel will give importance to this news as they themselves will have to be blamed for projecting Lalu as a great minister . Here also there is now a creditibilty in question of IIMs also who asked Lalu to teach them how to make profits without making it - i think this shows the level of eductaion in this country - GOD SAVE THIS COUNTRY ---PLEASE
Posted by Javed Siddiqui on Dec 18, 2009
I seriously want to ask Mamata Banerjee that what has she done in her tenure as the Railway Minister. Why is that she wants to show Lalu Yadav in the bad light. Her credentials anywhere are no-where worth even to be referred. She is the great leader who stopped the development of the entire region ... read as Nandigram. Has she even been able to get the land of the poor labourers. No. These politicians should be tried under the law of India
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