BookValueIndian Railways Turnaround
R. N. Misra
( http://www.jaicobooks.com/)
Management lessons from the railways
Of every rupee spent by the railways on fuel such as HSD (high speed diesel) ‘only 48 paise is the real intrinsic value,' rues R. N. Misra in Indian Railways Turnaround: A Study in Management. In the remaining 52 paise are “taxes such as customs, cess, sales tax and other local taxes.
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