Are We Creating Outcomes Similar to Power Sector by Proliferating Metro Rail Across Cities in India?

Kumar V. Pratap

Vikalpa: The Journal for Decision Makers, 2021, vol. 46, issue 1, 7-12

Abstract: 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.

Keywords: Infrastructure; Indian Infrastructure; Metro Rail; Cost Recovery in Infrastructure; Value Capture Finance (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:sae:vikjou:v:46:y:2021:i:1:p:7-12

DOI: 10.1177/02560909211015455

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