About Namma Metro

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ECONOMICS I

MICROECONOMIC PERSPECTIVE OF NAMMA METRO

Submitted by :Ramya S B.A. L.L.B(Hons), year I trimester I National Law School Of India University Date Of Submission: September 25th 2012.

MICROECONOMIC PERSPECTIVE OF NAMMA METRO

Table of Contents
INTRODUCTION ..................................................................................................................... 4 RESEARCH METHODOLOGY............................................................................................... 5 NAMMA METRO ..................................................................................................................... 6 SOCIAL COSTS AND BENEFITS: ..................................................................................... 8 FACTORS DETERMINING THE SUCCESS OF THE METRO .......................................... 10 PRICING.................................................................................................................................. 14 WILL THE METRO BE SUCCESSFUL? .............................................................................. 19 CONCLUSION ........................................................................................................................ 21

National Law School Of India University

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MICROECONOMIC PERSPECTIVE OF NAMMA METRO

National Law School Of India University

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MICROECONOMIC PERSPECTIVE OF NAMMA METRO

INTRODUCTION
Bangalore city which was once popular for its greenery, cool climate and pleasing aesthetics has now become popular for its urban congestion. Thanks to the growth of the IT sector, the migration as a result of it, and the massive increase in population, green coloured Bangalore has now become grey as a result of smoke. The many rose gardens that Bangalore once boasted of now stand wilted as a result of the heat from the pollution. The climate has become warmer and the pleasant people of Bangalore have become unpleasant because of the huge traffic jams they have to encounter each day. Bangalore is on the verge of losing its charm. The policy makers of Bangalore having realized this have arrived at a proposalintroduction of a metro. The metro has been introduced world over and attributing to its success in many areas like London, New York and Delhi, Bangalore policy makers have decided to try their luck with it. Essentially a form of public transport the metro tries to use environment friendly methods. At the same time it has also proven to be the most efficient form of intercity transport, especially in cities whose population has exceeded a million. Bangalore city now flaunts a population of 8.4 million and the demand for public transport has also increased. Therefore the need for a metro cannot be ignored.

Why was the metro introduced? How is the metro helpful in solving the problem of urban congestion and pollution? What are the modes of transport that the metro aims to displace? And what are the key factors for its success? How was it priced? Are the few broad questions that the researcher analyses and answers in this project.

National Law School Of India University

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MICROECONOMIC PERSPECTIVE OF NAMMA METRO

RESEARCH METHODOLOGY
AIMS AND OBJECTIVES:
The aim of the project is to analyse the efficiency of

Namma metro as a mode of transport. The objective is to understand why other modes are not as useful and how Namma metro will help in solving the issue of urban congestion.

SCOPE AND LIMITATIONS:

The scope of the paper extends to addressing the

problem of urban congestion and pollution and analysing how Namma metro is useful in solving the problem. The paper analyses the efficiency of the metro on the basis of various factors. The limitation is that the researcher did not have access to any primary material.

RESEARCH QUESTIONS:

1) What is the need for Namma metro? 2) Is it more efficient than other modes of transport? 3) What is the pricing strategy of...
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