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Blog Entry# 1043160
Posted: Apr 01 2014 (19:44)
2 Responses
Last Response: Apr 02 2014 (14:57)
2 Responses
Last Response: Apr 02 2014 (14:57)
mumbai #monorail running at loss of 5 lakh per day
The Mumbai Metropolitan Region Development Authority (MMRDA) may claim that the Wadala-Chembur Monorail corridor is getting a good response, but the numbers reveal that the line is operating at a loss.
While tickets rake in Rs. 2 lakh every day, it takes Rs. 7 lakh per day to operate the Monorail. That's a loss of Rs. 5 lakh per day, which works out to Rs. 1.5 crore a month.
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The Mumbai Metropolitan Region Development Authority (MMRDA) may claim that the Wadala-Chembur Monorail corridor is getting a good response, but the numbers reveal that the line is operating at a loss.
While tickets rake in Rs. 2 lakh every day, it takes Rs. 7 lakh per day to operate the Monorail. That's a loss of Rs. 5 lakh per day, which works out to Rs. 1.5 crore a month.
Confirming...
more...
the revenue would triple once the timings are extended till 11 pm in night, currently it operated only till 3 pm in afternoon