Riding on Debt
Financial Analysis of Delhi Metro after Phase III
June 1, 2018
Co-authored with Rajendra Ravi. Published by Centre For Financial Accountability, Delhi, 2018.
This monograph analyses the finances of Delhi Metro Rail Corporation after Phase III. It looks at the growing debt burden, revenue shortfalls, and what this means for public resources. The analysis was widely cited in media coverage of metro rail expansion debates across Indian cities.