mumbai #monorail running at loss of 5 lakh per day
The Mumbai Metropolitan Region Development Authority (MMRDA) may claim that the Wadala-Chembur Monorail corridor is getting a good response, but the numbers reveal that the line is operating at a loss.
While tickets rake in Rs. 2 lakh every day, it takes Rs. 7 lakh per day to operate the Monorail. That's a loss of Rs. 5 lakh per day, which works out to Rs. 1.5 crore a month.
Confirming...
more... the numbers, a senior MMRDA official said, "Even though there has been a good response to the Monorail since its inauguration, we operate at a loss of around Rs. 5 lakh per day and Rs. 1.5 crore per month."
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