Transport includes road transport, air transport, water transport and rail transport. Transport provides useful link between production centre, distribution areas and ultimate consumer. If we talk about inland transport mode than the one biggest transport industry comes in the mind the – railways. We can not ignore the contribution of the railway to the growth of the economy with its incredible services like mobility of various commodities and passengers.
It is a hazardous to imagine Indian economy without railway. We always fill proudlyThis sudden change has attracted the attention of whole managers and various economists. That how it may be possible? This magical incident becomes possible due to following reasons: 1. Excellent management under laloo Prasad yadav: Laloo Prasad Yadav became rail minister of India in UPA government in 2004.
when laloo Prasad yadav took the this responsibility then every one was in belief that to managed the railway is not capacity of laloo Prasad yadav. but he managed the entire the rail network very efficiently and he has done that work which was not imagine by any one. In 2005-06 railways given the 13,000 Cr profit and in the 2006-07 its profit reaches to 20,000 Cr Rs.Under the excellent administration of laloo yadav.
Laloo Prasad yadav runs railway not as a minister but as a business guru. He applied various tricks which contributed towards income of railway without making effect on overall passengers fare. Example: Indian railway increased the cancellation charged of traveling ticket from 20 to 40 without increasing the overall fare amount as a result when a passenger cancels the ticket he loose Rs 40 as a cancellation charge which adds to the profit of the railways but without hurting or irritating to any of passengers. 2. Optimum use of capacity: The past rulers were not using the full capacity of rails.This was the laloo yadav under who’s control this drawback minimized to some extent.
As he started many cargo trains as double Decker. So that they can carry much commodity or luggage at once in the same overhead expenses. Such proper utilization of capacity increased savings by reducing average costs. 3. Growth in production and transportation of industrialized Goods: In India many industrial units are increasing in the size as well as in the respect of volume of production. Such produce needs market for selling the railway having large network and huge carrying capacity is suitable for the smooth mobility of such commodities like heavy machines, building material such a cement iron rods.
