Dr E Sreedharan: Metro-rail projects are facing challenges
  1. Home
  2. Real Estate
  3. Dr E Sreedharan: Metro-rail projects are facing challenges
Dr E Sreedharan: Metro-rail projects are facing challenges
Real Estate

Dr E Sreedharan: Metro-rail projects are facing challenges

01 Apr 2019 CW Staff
Popularly known as India’s Metro Man, Dr E Sreedharan, Principal Advisor, Delhi Metro Rail Corporation (DMRC), shares the main challenges faced by metro-rail projects in the present day:  

  • Although the metro is a rail-based transport mode that is technically more advanced and sophisticated, the Government of India (GoI) considers it as state subject, whereas Railway is a central subject. GoI controls all technical parameters, safety certification and sanctioning powers but does not take the responsibility for losses and repayment of loans. 
  • The Central Government does not have a long-term vision or a sound and sustainable policy (the Metro Policy of August 2017 is short-sighted and restrictive) with regard to raising funds for metro construction, meeting operational losses or building up a managerial and technical framework to complete projects in time and within estimated costs.  
  • GoI considers private participation a must in all metro projects knowing-fully well that all PPP metro projects in the country have failed so far. 
  • There is no effort on the part of GoI to reduce unit costs of metro projects through tax concessions or higher equity participation.
SHRIYAL SETHUMADHAVAN

Discover the Cement Expo! Click the button below to explore all the event details.

Visit Cement Expo Website

Popularly known as India’s Metro Man, Dr E Sreedharan, Principal Advisor, Delhi Metro Rail Corporation (DMRC), shares the main challenges faced by metro-rail projects in the present day:  Although the metro is a rail-based transport mode that is technically more advanced and sophisticated, the Government of India (GoI) considers it as state subject, whereas Railway is a central subject. GoI controls all technical parameters, safety certification and sanctioning powers but does not take the responsibility for losses and repayment of loans. The Central Government does not have a long-term vision or a sound and sustainable policy (the Metro Policy of August 2017 is short-sighted and restrictive) with regard to raising funds for metro construction, meeting operational losses or building up a managerial and technical framework to complete projects in time and within estimated costs.  GoI considers private participation a must in all metro projects knowing-fully well that all PPP metro projects in the country have failed so far. There is no effort on the part of GoI to reduce unit costs of metro projects through tax concessions or higher equity participation.SHRIYAL SETHUMADHAVAN

Previous
Metro-rail spurring business opportunities for the support industry

Next
Metro-rail: Parameters mandated for standardisation and indigenisation

Related Stories

Gold Stories

Opinion Poll

Question : What are you most interested in Construction Technology?

Latest updates

ROADS & HIGHWAYS
28 Nov 2023

Roads in Trichy Damaged Again for Pipeline, Raises Concerns

ROADS & HIGHWAYS
28 Nov 2023

Uttarakhand Tunnel Collapse: Rescue Drilling Restarts

AVIATION & AIRPORTS
28 Nov 2023

IATA Urges Swift Govt Action for Aviation Decarbonisation

RAILWAYS & METRO RAIL
28 Nov 2023

BMRCL Commences Landwork for Metro Phase 3

POWER & RENEWABLE ENERGY
28 Nov 2023

Odisha Advances with 6.5 MW Rooftop Solar

ROADS & HIGHWAYS
28 Nov 2023

Uttarkashi Tunnel Drilling Nears Completion

ROADS & HIGHWAYS
28 Nov 2023

UP Achieves 5000 km Road Network

RAILWAYS & METRO RAIL
28 Nov 2023

Major Milestone Achieved in Mumbai-Ahmedabad Bullet Train Project

Hi There!

Now get regular updates from CW Magazine on WhatsApp!

Click on link below, message us with a simple hi, and SAVE our number

You will have subscribed to our Construction News on Whatsapp! Enjoy

+91 81086 03000

Join us Telegram