In early February, the Ministry of Urban Development finally gave its go-ahead for the Rapid Metro Rail Gurgaon’s (RMRG) metro rail project. Earlier, on August 11, 2009, the chief minister of Haryana laid the foundation stone for this project. According to Ramchand Karunakaran, chief of operations and infrastructure, at Infrastructure Leasing & Financial Services (IL&FS), physical work on the project should finally commence by May this year. Completion is expected by May 2012.
(This story appears in the 19 March, 2010 issue of Forbes India. To visit our Archives, click here.)
Privatisation is not at all the solution. This is not corporates property. We have to rethink. Government should take the control over everything thing and make it happen. It feels like they want only private to develop.
on Dec 5, 2015Do DLF’s \"Rapid Metro\" will affect monopoly power of Indian Railways over the years?
on Mar 10, 2014Good move! Monopoly policy is not so good for 100 crore population country like India. Total privatization or total nationalization is nothing but monopoly. Country like India should have non monopoly policy which can be ideal for progress. Telecom, Airlines,Insurance, Banking, Television, Radio, etc are now non monopoly, both Govt. as well as private concerns are doing in these areas. So why not in Railways? Govt. Railways alone can not fulfil the demand for 100 crore people. Because of such monopoly of IR which exist now, having resulted with long Waitlist, long ques very poor service in every segment which is because of monopoly policy only. When govt alone can not lift the burden, it should not hang on the old and wrong policy of monopoly. Govt must kindly reconsider old monopoly policy and allow both players such as Govt trains and Private trains such as Tata Railways, Birla Railways, Ambani Railways, TVS railways etc for the progress of the country.
on Mar 19, 2012Really, a good move towards making GURGAON the millennium city. No doubt, it will make Public Transport easy & comfortable in Gurgaon as it will also have connectivity with Delhi Metro. But I hope the metro network in Gurgaon should have more coverage area. MHARA HARYANA.....UNNAT HARYANA.....
on Oct 9, 2010