Rapid metro was showing profitability in recent months reveals audit

  • | Wednesday | 11th September, 2019

Gurugram: Gurugram private metro that was seen as a solution to end the transportation problem of the city is presently at the juncture of being shut if the government does not take over it. The audit by the Haryana government however reveals that thing was not as bad as it seemed in the month of June and July the Gurugram metro had seen a rise in the number of commuters andincome. The revenue from passenger fare was Rs 8.40 crore, whereas non-fare revenue was Rs 10.09 crore. Rapid Metro has been breaking even on operational costs, which come to about Rs 6 crore per month. The mounting losses for Gurugram's private metro have resulted in the pressure of the Haryana government to take over the Rapid Metro.

Read Full Article Here

If You Like This Story, Support NYOOOZ

NYOOOZ SUPPORTER

NYOOOZ FRIEND

Your support to NYOOOZ will help us to continue create and publish news for and from smaller cities, which also need equal voice as much as citizens living in bigger cities have through mainstream media organizations.


Stay updated with all the Delhi Latest News headlines here. For more exclusive & live news updates from all around India, stay connected with NYOOOZ.

Related Articles

AAP demands Azad Singh s sacking
  • Friday | 20th September, 2019