Blog Entry# 2364016
Posted: Jul 27 2017 (15:34)
Last Response: Jul 27 2017 (15:42)
Commentary/Human InterestJul 26 2017 (17:12) Will Nagpur Metro meet Jaipur’s fate?
rdb*^ 132872 news posts
Jaipur: The Jaipur Metro, which was launched with great fanfare in June 2015, seems to have turned into a white elephant with the operational losses as high as Rs 7.5 lakh per day. Recovering the project cost is at present a distant dream.
The Metro is surviving on the cesses levied by the Rajasthan government on registration of new passenger vehicles and on property deals.
In terms of ridership, the average of the last 25 months is just 22,000 per day against an estimate of 1.25 lakh. The figure has now come down...
Even bigger question- What will be Gorakhpur metro's fate???
Jul 27 2017 (15:42)
warriorsultan 1210 blog posts 48 correct pred (81% accurate)
With due respect to people of these cities, these places like Jaipur, nagpur Or gorakpur should not waste money on metros. These are capital intensive projects and requires huge ridership and non cheap fares to break even. People for these places go to Mumbai, Bangalore Chennai etc and that is where metros would do great. But here metro projects are waste. Yes its a prestige issue for citizens and elected representatives of that city but some sense should prevail.
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