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News Entry# 551934
May 13 (00:11) L&T May Exit Hyderabad Metro Project Due to Free Bus Scheme Impact
Entry# 6061997   
  Past Edits
This is a new feature showing past edits to this News Post.
L&T may exit Hyderabad Metro due to Mahalakshmi free bus ride scheme

L&T's president and CFO, R Shankar Raman, has suggested that they may withdraw from the Hyderabad Metro project after 2026 due to the impact of the Congress government's free bus ride scheme for women, known as Mahalakshmi. He observes that women are shifting to free buses while men are utilizing the...
more...
metro. He expresses concern about the scheme's financial sustainability and impact on Hyderabad's environment due to increased bus usage. He also indicates that L&T is considering monetizing the Metro project by selling real estate assets associated with it.

L&T ke president aur CFO, R Shankar Raman ne hint diya hai ki woh 2026 ke baad Hyderabad Metro project se nikal sakte hain, yeh sab Congress government ki Mahalakshmi scheme ke wajah se hai, jismein mahilaon ke liye free bus ride di jaati hai. Unhone dekha hai ki mahilaein free...
more...
buses mein ja rahi hain aur ladke metro use kar rahe hain. Unhone scheme ki financial sustainability aur Hyderabad ke pollution pe aane waale impact ke baare mein worry express ki hai, kyunki bus ka use badh gaya hai. Unhone yeh bhi bataya ki L&T Metro project se jude real estate assets ko sell karke paisa kamaane pe bhi soch raha hai.
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