National Capital Region Transport Corporation Revenue and Competitors

National Capital Region Transport Corporation (NCRTC) - a Joint Sector company of Govt of India and States of Delhi, Haryana, Rajasthan and U.P is mandated for implementing the Regional Rapid Transit System (RRTS) project across the National Capital Region, ensuring a balanced and sustainable urban development through better connectivity and access. The idea of an integrated commuter railway network to connect the National Capital Region and Delhi was mooted way back in 1998-99 in an Indian Railways commissioned study. The study had identified the possibility of an RRTS network that would provide such a connectivity using fast commuter trains. The proposal was re-examined in 2006 in the light of the extension of the Delhi Metro to some of the NCR towns. The idea was subsequently taken up and owned by the National Capital Region Planning Board (NCRPB) while developing its ?Functional Plan on Transport for NCR-2032?. The NCRPB identified and recommended eight RRTS corridors to connect the towns in NCR with high-speed rail based commuter transit services. The erstwhile Planning Commission subsequently formed a Task Force (2006) under the Chairmanship of Secretary, Ministry of Urban Development (MoUD) on RRTS for NCR. The Task Force in 2009 proposed to set up a Special Purpose Vehicle (SPV) for implementing a wide-ranging integrated multi-modal transport system for suburban commuters that would lead to a balanced and sustainable growth across the region. Thus was formed the idea of NCRTC that would be the nodal agency for implementing this multi-modal transport system for the NCR