21-Nov-2011

Yaara Metro Losing Rs 2.5 Lakh Per Day

That is, it is losing Rs 2.5 lakh per day on the currently running Reach-1, on top of the Rs 65 lakh per day due to delays.
The first train chugged at 4 pm on October 20, and the first day witnessed around 60,000 passengers. However, the joy ride season faded gradually and one month after the start of operations, the commuter figure stands at an average of 25,000 per day.  
The drop in revenue earned from tickets and smart cards was also inevitable as the season of joy rides gave way to the not-so-exciting weekday commuting. The BMRCL earned Rs 13 lakh on an average for the first few days after the inauguration.  
But currently, it reaches a daily figure of Rs 3.5 lakh with much difficulty. If this situation continues in the coming months, Metro will run on a loss of Rs 2.5 lakh everyday. 
At least if this wasn't an eyesore stinging the eyes every time one ventured out, it would've mattered a bit less.

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