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Which of the following is not a feature of the New Metro Rail Policy?
The policy makes PPP (Public Private Partnership) mandatory for availing central assistance for new metro projects.
The policy also mandates Transit Oriented Development (TOD) to promote compact and dense urban development along metro corridors.
The states have been allowed to charge a betterment levy from the areas going to benefit from the development of Metro Projects
The Union government has the powers to make rules and setup permanent fare fixation authorities
- Option 1: The New Metro Rail Policy indeed emphasizes the requirement of Public Private Partnership (PPP) to obtain central assistance for new metro projects, thus promoting private sector participation and financial sustainability.
- Option 2: The policy strongly promotes Transit Oriented Development (TOD), aiming to create urban spaces that are compact, walkable, and dense around metro corridors, which are key to ensuring effective and sustainable urban mobility.
- Option 3: States are encouraged to levy additional charges, like a betterment levy, on beneficiaries of metro connectivity to partly fund these projects, involving stakeholders who gain from metro accessibility.
- Option 4: Correct Answer: The Union government does not establish permanent fare fixation authorities; rather, fare determination is generally expected to be managed at local or state levels, maintaining flexibility to cater to regional needs and circumstances.
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