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Pvt metro systems suffer revenue loss, DMRC cuts 'non essential' costs

Effective August perks halved for Delhi metro employees

metro railway, metro railway services, metro operators
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Metro systems get revenue from both token fares and box collections that include advertising and leasing of space at stations to eateries and other commercial activity.

Megha ManchandaAmritha Pillay New Delhi/Mumbai
Mass rapid transportation systems have been left high and dry by the pandemic, which has left them grappling with acute financial stress, revenue loss, and inability to service debt.

Delhi Metro Rail Corporation (DMRC) has suffered losses to the tune of Rs 1,510 crore in revenue so far, and employees have had their festival allowance cancelled, thus, leading to a flat 50 per cent cut in perks, according to a recent letter.

DMRC, however, is not the only one to bear the brunt of the lockdown. Larsen & Toubro (L&T) and Reliance Infra-run Metro systems have been hit harder as