Abstract

Mass Rapid Transport solutions such as metro rail, monorail network answers the transit needs of urban areas most effectively and has the potential to bring all round benefits to business, to environment and multiple benefits to people in all walks of life. Investment that is required is high even though there are many benefits. India being a developing country the sources of funds for financing such a project is limited. Public agencies inadequacy in provision of infrastructure support for urban development hardly needs any reiteration. Thus the dichotomy essentially points to partnership option where the public bodies look for a partner in the non-government sector for supplementing and channelizing its resources.

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