Innovative financing will be key to restoring public transport
A revival of economic activities will depend significantly on public transport, which typically runs in losses. New ways of funding its expansion will, therefore, have to be found to meet demand and help the economy rebound.
A little over 100 days since the covid-19 pandemic brought India to a standstill, damaging lives, livelihoods and the economy, a glimmer of hope has finally appeared. After months of lockdown, the economy is showing some signs of recovery.