-The Indian Express Delhi Metro’s fare increase prices out the poor. Those arguing against offering subsidies ignore the multiplier effect of an affordable mass transit system. The most enduring image I have of the Delhi Metro is that of a shared ride with a construction worker. His shoes and clothes, turned a uniform grey by dirt, told the story of a hard day’s work spent on a construction site. A comfortable ride...
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Delhi Metro fare hike hurts labourers the most, many switch to buses -Somya Lakhani
-The Indian Express Delhi Metro fare hike: Amid opposition from the Delhi government, the Delhi Metro Rail Corporation on Tuesday went ahead with the fare hike as recommended by the fourth Fare Fixation Committee. New Delhi: On Tuesday morning, 28-year-old Abdul Wajid — a labourer working at a cardboard boxes factory in Naraina — did not take the Metro to work. Nor did 35-year-old Brijmohan Tiwari, a security guard who lives...
More »RBI surveys show general economy in 'pessimistic zone', jobs big worry -George Mathew
-The Indian Express Employment prospects have been the biggest cause of worry for respondents, with sentiment plunging further into the pessimistic zone; the outlook on employment has also weakened in the last two rounds. Mumbai: A SERIES of surveys undertaken by the Reserve Bank of India (RBI) have indicated that more people see consumer confidence declining, business sentiment in manufacturing dipping, inflation on the rise and growth sliding. The findings are in...
More »Bullet Train: Do we need it? -TR Raghunandan
-Deccan Herald As a railway buff, I love the technology story of the bullet train. However, it is not appropriate for India, in the current configuration as negotiated by Prime Minister Narendra and his Japanese counterpart Shinzo Abe for the Mumbai-Ahmedabad high-speed rail line, for which they laid the foundation stone on September 14. The Shinkansen bullet trains were introduced in Japan in 1964 and traversed the 500-plus kilometre distance between Tokyo...
More »Forget fast growth, India is barely holding on. Just look at the data -Chaitanya Kalbag
-The Economic Times Those of us in our sixties, including our prime minister, will remember the goli soda. You used a little wooden gizmo to push in a marble stuck in the mouth of a bottle and guzzled the sweet, fizzy drink with the marble dancing around inside. Then you felt full and happy. But it was mostly gas. It’s feeling a lot like that these days, and PM Narendra Modi must...
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