Lalu Prasad Yadav Quotes


For the first time in the history of Bihar, I provided a stable government. Despite being denied funds by the Centre, Bihar survived on its resources. I provided pucca dwellings to half a million Dalit families.


Citations

Yadav, Lalu Prasad, and Nalin Verma. Gopalganj to Raisina: My Political Journey. Rupa Publications India, 2019, p. 125.

Related Quotes

Mises defines government revenue in such a manner that it always relly belonged to individuals, therefore when government invests in enterprises that accumulate capital via profits, Mises does not consider it capital accumulation. One counterexample of this point is the George Washington Bridge in New York, built in Mises lifetime by Robert Moses of the New York Port Authority. The tolls on the bridge paid off the bondholders who financed much of the initial construction. But then capital started to accumulate at such a rapid rate that Moses was able to build other capital projects ranging from highways to the World Trade Center Buildings with capital constantly accumulated. The New York Port Authority under Moses generated more capital appreciation than any corporation that had been in existence at that point. And he could not even sell stock. However, the Port Authority and a few others were exceptions. Generally government did was unable to accumulate capital in its enterprises.


Lalu Prasad Yadav
Lalu Prasad Yadav
  • Born: June 11, 1948
  • Nationality: Indian
  • Profession: Politician

Lalu Prasad Yadav is an Indian politician. He is the president of the political party Rashtriya Janata Dal (RJD), a former Chief Minister of Bihar, a former Union Minister of Railways, and a former Member of Parliament of the 15th Lok Sabha.