BMRCL has refused to cut fares despite criticism of hikes, saying it is likely to set a 'disastrous trend'. It says it will consider changes in the next fare revision review.
The two were in Thane to flag off trial run of first phase of Wadala-Thane-Kasarvadavali Metro line & additional Kasarvadavali-Gaimukh Metro corridor, which will be Thane on Metro map.
The Prime Minister was seen buying a ticket through QR code-enabled ticket vending machines at the Ragigudda metro station before flagging off the Yellow Line of the Namma Metro.
When rail project was announced, several legislators, parliamentarians had rushed to claim credit. Things moved swiftly, at least in terms of its marketing. But now, focus has pivoted.
The chief minister said work on the Chennai metro has been delayed due to the state’s fiscal constraints, pushing the completion deadline to December 2028 from December 2027.
Experts are critical of state govts pushing for metro projects in Tier-2 cities due to lack of proper assessment of requirement. Centre has around 20 pending proposals from states.
A flagship programme under the state’s 5T initiative, foundation of the Rs 6,225 crore project was laid on 1 January. Odisha govt has set a four-year deadline to complete Line 1.
With 20.2 percent of its total loans in default by the end of last year, Bangladesh had the weakest banking system in Asia. Despite reforms, it will take time to recover.
This world is being restructured and redrawn by one man, and what’s his power? It’s not his formidable military. It’s trade. With China, it turned on him.
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