Is Delhi Metro lifeline of Delhi ?

First off, markets are never perfect and imperfections have a way of playing havoc with public goods to the extent that soon enough people are disabused of the notion to use them.

Delhi Metro has witnessed poor fiscal prudence by way of adventurism at the cost of public money as seen when a recent report by a government think-tank shows that DMRC “wilfully distorted” its concession agreement relating to the Airport Express Line to favour a subsidiary of the private operator

The steep increase in fares of the Delhi Metro has left the lifeline of Delhi bleeding to a slow and untimely death. It is a unique Indian tragedy.

Delhi Metro, which is called lifeline of Delhi, was a project that changed the everyday life of Delhi and Delhi residents. This project has made significant contribution in making the capital world-class city.

the people living in the capital have the pleasure of meeting their close relatives and friends

the people trapped in traffic jams, the Delhi Metro is like one of the great gift for the Delhiites.

Now the family living in Noida comes to shop in Chandni Chowk, and people living in Rohini get the opportunity to work in Gurugram. In other words, we can say that Rohini, Noida, Ghaziabad, Gurugram, and Dwarka are not far away.

The Delhi Metro’s first service is started on December 24, 2002, when it was inaugurated with a short route of 8.5 kilometres between Shahada and Tis Hazari. Today it has spread 317 km metro rail network in Delhi & NCR.

In words of the Delhi Metro Rail Corp, the current year was “historic” in terms of construction of several new stretches, totalling a length of a “record” 87 km.

The expansion of the metro has not been a cakewalk along the years, with the transporter facing all kinds of roadblocks, from acquiring land– as in the case of Shakurbasti and Trilok Puri– to tunnelling around the Old Delhi area, known for its historical monuments

At present, it has eight colour-coded lines: Red, Yellow, Blue, Violet, Orange, Green, Magenta and Pink, with the last two being the latest addition to the fleet

The phase-IV, still to go on floor, is no less ambitious and aims to touch some of the harder to reach outskirts of the city, like Bawana and Narela in northwest Delhi.

231 stations over and below ground across the network, the Delhi Metro ferries approximately 26-27 lakh riders every day.

the Delhi Metro has achieved a new milestone. The Delhi Metro has joined the Global Elite Club of 317 km long network with the world’s top 10 metro cities. As soon as 17.86 km of Shiva-Vihar-Trilokpuri Sanjay lake road was opened on the Pink Line, this record was registered for the Delhi Metro. Presently

Delhi Metro has 231 stations. The network of Delhi Metro will increase by about 100 kilometers by the year 2020.

the Phase-III winds up next year, it will have expanded to 349 km, and with Phase-IV, which has just been given the green signal and is expected to be completed by 2022, the Delhi Metro will cross the 400 km mark.

The Global Elite Club consists of the metro which is 300 km in operation. So far, this club included cities like London, Beijing, Shanghai, Moscow, Seoul, Nanjing, Guangzhou, but now the name of Delhi has also been added.