Metro man Sreedharan has said that Hyderabad metro is not a viable project and that is the reason they are not launching it even after 7 years.
From CMs -YSR, Kiran, Rosaiah to KCR the works are going on, the TRS government is hopeful that the PM Modi would launch it in January.
But the L&T is in two minds, if it launches it has to repay the loans incurring losses. They say L&T might depend on the government for financial support, stating that the government has delayed the project.
IT Minister KTR is very keen on launching the project as it would help reduce the traffic congestion. Hyderabad Traffic is chocking with metro works on one hand and the helmet rule on the other hand. People are forced to use helmet for the traffic moving with a snails pace and potholes made by the metro works.
But the Government must be ready to take the financial burden if the PM launches the Metro project.
U.Srinivas
Editor
