India Needs Investment of Rs 1 Trillion In Infrastructure Projects By 2030 For Augmenting Its Mass Rapid Transport Systems

India Needs Investment of Rs 1 Trillion In Infrastructure Projects By 2030 For Augmenting Its Mass Rapid Transport Systems

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Date Of Post: 14 Mar, 2018

Kolkata: India needs an investment of Rs 1 trillion in infrastructure projects by 2030 for augmenting its MRTS (Mass Rapid Transport Systems), NITI Aayog advisor Rakesh Ranjan said. Ranjan said, while the metro railway is good for intra-city transportation, suburban railway systems are more effective in transporting people to and from city centres and suburbs and other areas in the vicinity.

Suburban Rail:

  • He said,”We are heavily under-invested in urban transportation projects. We require an investment of Rs 1 trillion by 2030 for these.”
  • Indias suburban rail carries a significant number of passengers, especially in cities like Mumbai & Kolkata, the NITI Aayog advisor said.
  • He said,”The suburban rail systems contribute roughly 53% in number of passengers over the Indian Railways total passenger traffic.”

Metro:

  • Metro railway is an expensive mode of urban transport involving huge investments, Kumar V Pratap, joint secretary in the finance ministry, said.
  • Pratap said at a symposium on Mass Rapid Transport Systems (MRTS) in Kolkata,”Proper use of land available can increase revenue and fund generation for a metro project.”
  • He said, there are numerous areas in which improvement can be made in MRTS.
  • Efficiency & environmental benefits should be considered in deciding the mode of transportation to benefit the people in a region, he added.

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