RRTS
NCR Now 2.28 Times bigger than Washington Metropolitan Area
The National Capital Region (NCR) is all set to get bigger. With the decision to include Jind and Karnal districts of Haryana and Muzaffarnagar district of UP, the city boundaries are set to expand. This big decision came into light at the 35th meeting of the National Capital Region Planning Board (NCRPB), which was headed […]
Govt plans to modify debt-equity ratio for Metro, rapid rail projects
The central government is planning to alter the current equity-to-debt ratio for metro and rapid rail projects in order to increase private investments in these projects. It has proposed an equity-to-debt ratio of 20:80 while the prevailing ratio is 30:70. Metro projects are highly capital-intensive and an equity-to-debt ratio of 30:70 requires a high investment […]
