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Are We Creating Outcomes Similar to Power Sector by Proliferating Metro Rail Across Cities in India?
Author(s) -
Kumar V Pratap
Publication year - 2021
Publication title -
vikalpa the journal for decision makers
Language(s) - English
Resource type - Journals
eISSN - 2395-3799
pISSN - 0256-0909
DOI - 10.1177/02560909211015455
Subject(s) - bailout , government (linguistics) , business , power (physics) , transport engineering , engineering , economics , linguistics , philosophy , physics , financial crisis , quantum mechanics , macroeconomics
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.

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