The overall cost of expansion of the operational and approved metro projects under implementation is over Rs 2.5 lakh crore, and another Rs 2 lakh crore worth projects are in various stages of approval and are likely to come up for bidding in the next five years
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Rationale behind HSR
An investment in HSR is typically a government decision which is primarily dependent on a number of factors, such as current and projected traffic, expected saving in time, and a reduction in accidents due to a modal shift, reduction in environmental externalities, ease in congestion in existing modes, and the average willingness of the users to pay.