Are we creating outcomes similar to power sector by proliferating metro rail across cities in India?
By: Pratap, Kumar V
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Material type: 
BookPublisher: Vikalpa: The Journal for Decision Makers Description: 46(1), Jan-Mar, 2021: p.7-12.Subject(s): Infrastructure, Indian infrastructure, Metro rail, Cost recovery in infrastructure, Value capture finance
In:
Vikalpa: The Journal for Decision MakersSummary: Metro rails mitigate problems of pollution and congestion in crowded Indian cities and are therefore a priority of the government. However, they are also very expensive to build and operate, making their operations loss-making. With increasing proliferation of metro rails and their continuous losses, there would be a need for repeated bailout packages for the metro rail sector in India, similar to the case of the power sector. There are a number of measures that can be taken to mitigate this outcome as apparent from the example of Hong Kong Metro. – Reproduced
| Item type | Current location | Call number | Vol info | Status | Date due | Barcode |
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Articles
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Indian Institute of Public Administration | 46(1), Jan-Mar, 2021: p.7-12 | Available | AR125757 |
Metro rails mitigate problems of pollution and congestion in crowded Indian cities and are therefore a priority of the government. However, they are also very expensive to build and operate, making their operations loss-making. With increasing proliferation of metro rails and their continuous losses, there would be a need for repeated bailout packages for the metro rail sector in India, similar to the case of the power sector. There are a number of measures that can be taken to mitigate this outcome as apparent from the example of Hong Kong Metro. – Reproduced
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