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Supreme Court to Delhi govt: Avoid steps that may cause loss to Metro

The apex court has directed that the Central Government has to bear 50 percent of the land cost for Phase-IV of the Delhi Metro

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Delhi Metro. Pic/ANI

Delhi Metro. Pic/ANI

On Friday, the Supreme Court directed the Delhi government to not take any step which may cause a financial loss to the Delhi Metro Rail Corporation. The remark by the Supreme Court came after giving relief to the Delhi government overbearing the land cost for Phase-IV metro construction in New Delhi. The bench was headed by Justice Arun Mishra.

The apex court has directed that the Central Government has to bear 50 percent of the land cost for Phase-IV of the Delhi Metro. The court also observed that the Delhi Metro Rail Corporation has not faced any financial loss till date and it is likely that it will not suffer any loss in the near future as well.

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