appraising kolkata metro rail project case
DESCRIPTION
question no. 2TRANSCRIPT
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