Delhi Metro 2nd most unaffordable in world: CSE
Delhi Metro is second most unaffordable in the world among Metro systems that charge less than half a dollar for a trip. The Centre for Science and Environment (CSE) took data from the UBS report on Price and Earnings, 2018, among other sources to make this claim. Other revelations are:
Investments have remained sub-optimal Even what has been invested remains under-utilised. At the same time, modern transport systems becoming increasingly unaffordable for urban commuters – says new CSE study. Lack of funding and pricing strategy for integrated public transport systems and services blocking progress. Image source: PTI
Of total allocation to Smart City scheme, share of urban transport projects is 21 per cent. Of this, road infrastructure takes 31 per cent; walking and cycling get only 8 per cent. Of total number of projects under AMRUT, only 7.4 per cent under urban transport, comprising only 1.75 per cent of the total cost of projects. Image source: Reuters