-The Indian Express DMRC and Union minister for urban development Hardeep Singh Puri are right that the daily ridership of Delhi metro hasn’t declined by 3 lakhs due to fare hike. It has declined by 4.8 lakhs. Economists are frequent targets of ridicule by politicians for failing to predict crises or having vastly differing opinions of major economic events (e.g. demonetisation). But all economists agree on one fundamental tenet — demand reduces...
More »SEARCH RESULT
Total Matching Records found : 116
Delhi Metro ridership falls by 3.2 lakh during fare-hike month
-The Times of India NEW DELHI: Delhi Metro witnessed a massive dip of more than three lakh in daily ridership in October this year as compared with the previous month. This is the steepest month-to-month fall in Metro ridership ever and appears to be linked to the fare hike in October. On October 10, the Delhi Metro Rail Corporation (DMRC) implemented the second phase of fare hike after the first round of...
More »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 »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 »Notes Ban: In Uttar Pradesh Town, Only One ATM In 53 Is Working -Alok Pandey
-NDTV Mirzapur, Uttar Pradesh: The cash crunch in the aftermath of the government's ban on Rs. 500 and Rs. 1,000 notes is bad enough in metros with block-long queues. But how bad is it in the small towns of India? Deep in eastern Uttar Pradesh, in Vindhyachal and Mirzapur, NDTV did a reality check. And the results were staggering. The journey started at 9 am, outside the ICICI bank ATM in the...
More »
