Saturday, June 6, 2015

Metro Bus Projects Fails to Serve Masses Rwp/Isb Metro project cost: 50 billion Expected to serve: 1.5 lakh people Running cost: unknown Lets have a closer look at its elder sister in Lahore (official numbers) Cost of completion of the project: Rs 30,00,00,00,000 (30 arab) (Some sources put it at 70 arab) It was projected to serve: 70 lakh people To stay viable it had to serve: 14 lakh people per day Currently serves: 2 lakh people per day (3% of the population of Lahore) Yearly expense: Rs 2,56,00,00,000 (2 arab, 56 crore) Yearly profit: Rs 90,53,00,000 (90 crore, 53 lakh) Yearly loss: Rs 1,65,87,00,000 (1 arab, 65 crore, 87 lakh) Salary expenses of Punjab Metrobus Authority(PMA): Yearly Total: Rs 4,00,00,000 (4 crore) 7 officers with pay over 1 lakh per month Managing Director: Rs 3,57,000 per month (3 lakh, 57 thousand) General Manager Operations: Rs 3,00,000 per month (3 lakh) Agricultural targets have not been met for the year. Rs 50 arab could have completely subsidized the 17% taxation on farmers which would not only have alleviated the plight of farmers (12 crore population) but would have also had a meaningful input to the GDP. (Rauf Klasra)

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