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Archana Chaudhary and Bibhudatta Pradhan, Bloomberg News Farmers protest during a tractor rally at the Inner Ring Road in New Delhi, on Jan. 26. , Bloomberg
(Bloomberg) Twice a day at rush hour, more than 3 million cars clog Mumbaiâs streets and nearly 4 million commuters squeeze onto overcrowded trains, while a four-decade land dispute that has prevented Indiaâs financial capital from building a modern metro system continues to simmer.
The spat over a location to house train carriages has indefinitely delayed the construction of a metro that could decongest the city and bring $4.2 billion worth of investments. And thatâs not the only Indian mega-project shelved or scrapped because of land troubles: Other casualties include a $17 billion bullet train, a $12 billion steel project and more than 700 road projects.
PM Modi s New Move Targets Land Disputes That Cripple Infrastructure PM Modi s New Move Targets Land Disputes That Cripple Infrastructure Prime Minister Narendra Modi is seeking to clear a backlog of land cases and unleash investment to boost local manufacturing and generate millions of jobs to lift an economy set for its biggest annual contraction since 1952.
People at integrated metro car depot site of MMRDA in Mumbai. (FILE)
Twice a day at rush hour, more than 3 million cars clog Mumbai s streets and nearly 4 million commuters squeeze onto overcrowded trains, while a four-decade land dispute that has prevented the country s financial capital from building a modern metro system continues to simmer.