Metro Rail Policy, 2017
In order to create an ecosystem for proliferation of metro rail in country, the Government of India has notified Metro Rail Policy, 2017. The policy imbibes on the learnings from international examples and bridges the much-needed gap for enhancing the feasibility of metro rail projects from economic, social and environmental perspective.
The policy opens a big window for private investments across a range of metro operations making PPP component mandatory for availing central assistance for new metro projects. Private investment and other innovative forms of financing of metro projects have been made compulsory to meet the ....
