Financing Mass Transit Projects Through All Beneficiaries, And Not Just Users
by -For some time now, there has been an ongoing tussle between the Government of Delhi and the National Ministry of Housing and Urban Affairs about increasing fares for the Delhi metro. Under the existing law, a fare fixation committee reviews the fares for the Delhi metro and periodically suggest revisions. This committee is an apolitical body, includes representatives from the Ministry of Housing and Urban Affairs and the Delhi government and is, typically, chaired by a retired judge. It considers the operating costs, possible revenues at different fare levels, and then makes...