appraising kolkata metro rail project case

Appraising Kolkata Metro Railway corporation’s EWMC project

Rahul PagariaRahul Gupta Gaurav GuptaYogesh Dubey MItesh Abhijeet KumarParitosh Bhatt

Abstract

o KMRC proposed an integrated rapid mass transportation system.o Concern - existing North South metro railway corridor.o Removal of the existing competitive bus services running parallel to the

proposed metro routes.o Critics - No gain from the project.o Concessions - project financing.o Fate similar to the North South metro railway corridor project.o KMRC's proposed fares were Higher.

Questiono In a welfare State, Government

is expected to act for the larger benefit of society. Given that the state government will have to acquire land and regulate the competitive mass transportation market along with funding the project with public money, would the state be justified in its role as a sponsor and a facilitator to the EWMC project ?

Support Govo Urban mass transportation syso Land Acqusation - Projecto Project Financeo Electricity – Cost to cost basiso Integrate Eastern & Western partso Integrate with North-south metro

rail corridoro Creating Public Parking facilitieso Common ticketing sys - metro

corridor & feeder bus serviceso Low fare structure

Againsto Removal of houses,

commercial structures, shops and slum dwellings

o Termination of inter-city buso Disallowing city buses – run

parallelo Removal of competitive

choiceso Loss of employmento Local Traders & framers- Lose

customer & Business

Failure – North-South metro corridoro Failed – Attract no. of

passengerso Increase in operational costo High Price sensitive

commuterso Availability of cheaper

substituteso Fare structure

GOVERNMENT IS EXPECTED..

Did , IT HELP??

- Pollution control (1/5 energy consumption)- Development of society- Facilities- Right direction