Coronavirus Impact: Rs 200 Cr Loss For Hyderabad Metro

July 11, 2020 16:53
Coronavirus Impact: Rs 200 Cr Loss For Hyderabad Metro

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Coronavirus Impact: Rs 200 Cr Loss For Hyderabad Metro:- Hyderabad Metro turned out to be the most comfortable means of transport for commuters in the capital of Telangana. The traffic and the footfalls went on to reach all time high from the past few months. After the attack of coronavirus pandemic, Hyderabad Metro suspended its operations from March 22nd. Though the government of Telangana allowed relaxations in the state, it did not allow the Hyderabad Metro to resume operations as the spread would be more in public transport like Hyderabad Metro. It is heard that Hyderabad Metro suffered a loss of Rs 200 crores till date because of the coronavirus pandemic.

The maintenance of the trains, salaries of the employees and other operations, expenses are costing Rs 50 crores for the employees of Hyderabad Metro. The officials of Hyderabad Metro recently wrote to the Telangana Chief Minister KCR about resuming the operations. The Telangana government made it clear that it is the Centre which will take a call on the operations of metros in all the major cities of the country. The Centre announced that the operations of metros will remain suspended till July 31st and the further call on this would be taken soon.

As per the news from the sources, it is clear that Hyderabad Metro will not start operations before October because of the increasing cases of coronavirus. Even if Hyderabad Metro is allowed permissions to operate, the footfalls may not be encouraging informed analysts.

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Tagged Under :
Hyderabad Metro  coronavirus