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WAP-7 - दिल तुझपे कुर्बान

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Blog Entry# 2270584
Posted: May 10 2017 (10:58)

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Last Response: May 10 2017 (10:58)
Rail News
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Commentary/Human Interest
DMRC/Delhi Metro
May 10 2017 (07:40)   Metro fare hike unlikely to alter cost-profit ratio

Rang De Basanti^   138872 news posts
Entry# 2270584   News Entry# 302050         Tags   Past Edits
New Delhi: The fare revision of the Delhi Metro, effective from Wednesday, isn't bringing down the operating ratio — the reason given for the recent fare...

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May 10 2017 (10:58)
A2Z~
A2Z~   17505 blog posts
Re# 2270584-1              
* Operating ratio of 84% for a metro rail corporation, in spite of keeping reasonable fares is very impressive.
* Hope that good management and the impressive traffic growth of DMRC continues, as the network is expanding very fast, with commissioning of new routes and extension of existing routes.
* Public transport projects seldom payback for themselves.Repayment of DMRC loans is going to be an uphill task, ultimately govt shall have to bear a part of burden.
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Commissioning of Metro project give windfall profits to property owners of the area served. A part of it should go to Metro authority, so the taxation of such properties should be increased through levy of metro surcharge, which may be passed on to the Metro Corporation for repayment of loans. Else the metro projects are liable to become bankrupt (inability to repay loans taken for their construction). Once the trend begins, all the buzz happening in Metro construction all over the country shall vanish in future.

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