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News Entry# 552249
May 15 (15:28) Hyderabad CM Rejects L&T's Threat to Sell Metro Project Due to Free Bus Scheme
Metro
HM/Hyderabad Metro
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News Entry# 552249   
  Past Edits
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Let L&T Go, We Will Find Someone Else to Run Metro, Says Revanth

Hyderabad's Chief Minister, A. Revanth Reddy, has dismissed L&T's threat to sell the Hyderabad Metro Rail project due to losses attributed to the Mahalakshmi free bus scheme for women. L&T, which built the metro under a public-private partnership, claims the scheme has negatively impacted ridership. Reddy, however, asserted that the government...
more...
prioritizes public welfare, especially for women, and won't discontinue the scheme despite L&T's losses. He stated that the government is reimbursing the Telangana State Road Transport Corporation (TSRTC) every month to ensure financial stability.

Hyderabad ke Chief Minister, A. Revanth Reddy, ne L&T ke Hyderabad Metro Rail project bechne ke dhamki ko dismiss kar diya hai. L&T ka kehna hai ki unhe Mahalakshmi free bus scheme ki wajah se nuksan ho raha hai aur is wajah se unhe project bechna pad sakta hai. L&T ne...
more...
yeh project public-private partnership model ke under banaya tha. Lekin, Reddy ne kaha ki sarkar logon ki welfare, khass kar mahilaon ki, ko priority deti hai aur scheme ko band nahi karegi chahe L&T ko kitna bhi nuksan ho. Unhone yeh bhi kaha ki sarkar har mahine TSRTC ko reimbursement kar rahi hai taki unke financial stability ko maintain kiya ja sake.
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