Bengaluru Metro double-decker road plan fails IISc economic test

A technical report by IISc found that the Bengaluru Metro's proposed double-decker road component for Phase 3 has an unacceptably low Economic Internal Rate of Return (EIRR).

29 Jun, 13:16 — 29 Jun, 13:16

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ndtvMostly Factual59d ago

Bengaluru Metro Double-Decker Road Plan Fails IISc Test: Report

The technical report, prepared by Prof. Ashish Verma of IISc, estimates the Economic Internal Rate of Return (EIRR) for Phase 3 at just 9.07 per cent when the double-decker road component is included, well below the accepted benchmark of 14 per cent.

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Bengaluru Metro double-decker road plan fails IISc economic test

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Bengaluru Metro Double-Decker Road Plan Fails IISc Test: Report

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