Like his colleague in the ministry of finance, has railway minister Lalu Prasad also blown it in his last year in office? Was his dream run, like P Chidambaram's, also largely based on a huge buoyancy in the economy?
That's tempting to say, given that when the final numbers for the year come in (the figures are projected based on data till December, and an upturn in trend in January), the critical Operating Ratio could well be pretty near what it was when Prasad took over.
There's also the fact that investment and depreciation levels are projected to stagnate for the coming year.
Image: Railway minister Lalu Prasad. | Photograph: B Mathur/Reuters.
Also read: Outsourcing? Focus is back on India!
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