3 weeks ago

CAG: Bangalore Metro Missed 2007 Ridership Projections Even by 2023

CAG: Bangalore Metro Missed 2007 Ridership Projections Even by 2023
Bangalore Metro could not achieve the projected ridership against the year 2007 even by 2023, says CAG · thehindubusinessline.com

The CAG is a special office that checks how the government spends money.

It studied the Bangalore Metro, the city's new train system.

Long ago, experts guessed how many people would ride the Metro every day.

The CAG found that by 2023, ridership was still much lower than that guess.

It says the Metro is not connected well enough to buses, homes, and parking.

Because of this, many people still drive their own cars.

City bus numbers also went down, and the Metro did not make up the difference.

The report also found that the project cost more than expected and some station spaces stayed empty.

The government can use this report to improve the Metro and serve people better.

Key facts

Auditor
Comptroller and Auditor General of India (C&AG)
Operator
Bangalore Metro Rail Corporation Limited (BMRCL)
Ownership
50:50 joint venture of Government of India and Government of Karnataka
Phase 1
42.30 km, fully operational by June 2017
Phase 2
27.36 km partially operational from January 2021 to March 2023; balance planned by December 2026
BMTC daily footfall
Fell from 51.30 lakh (2014-15) to 27.49 lakh (2022-23)
Cost overrun
Over ₹1200 crore, including taxes over ₹1000 crore in nine civil contracts
Lost lease rent
₹38.53 crore during 2019-22 from 2.23 lakh sq ft of vacant station space

Quotes

Comptroller and Auditor General (CAG)

Indian government audit body responsible for financial oversight of public institutions

“BMRCL (Bangalore Metro Rail Corporation Limited) could not achieve the projected ridership and Peak Hour Peak Direction Traffic (PHPDT) against the year 2007 even by the year 2023 due to non‑integration of Metro with Bengaluru Metropolitan Transport Corporation, lack of last mile connectivity, lack of adequate parking facility, etc”
thehindubusinessline.com
“Actual Non-Farebox Revenue (Non-FBR) on actual Farebox Revenue (FBR) was in the range of 8.85 to 49.54 per cent but when compared to the estimated minimum 10 per cent on the projected FBR, BMRCL achieved Non-FBR between 1.39 and 8.62 per cent”
thehindubusinessline.com

Sources

Related news