003 WHY SHOULD INDIAN CITIES HAVE HIGH TRANSPORTATION COSTS?

American Newspapers identified ten top American Cities such as Houston which have high transportation costs of about 21% of annual income of the citizens.

Indian cities are not lagging behind. Cities like Hyderabad and Bangalore which lack efficient local rail transport systems have high transport costs. Families spend nearly 20% of their income on transport. We never lag behind in aping the U.S.
Metros are being built in India, at high Incremental Capital Output Ratio. Their economic viability is made to depend more on rental income from commercial complexes or sale of commercial space adjunct to the Metros, rather than on ticket sales and traffic.