View source for Kolkata Metro Rail Corporation

{{short description|Public transport company}}
{{moresources|date=October 2019}}
{{Use dmy dates|date=July 2019}}{{Use Indian English|date=July 2018}}{{For|more about East West Metro|Kolkata Metro Line 2}}{{For|another owner of Kolkata Metro|Metro Railway, Kolkata}}{{infobox company
| logo = File:Kolkata Metro Rail Corporation Logo.svg
| logo_size = 150px
| logo_caption = ''Pride of twin cities''
| name = Kolkata Metro Rail Corporation<br>(KMRC)
| hq_location = KMRCL Bhawan, HRBC Complex, 2nd & 3rd Floor, Munsi Premchand Sarani
| type = Public transport
| founded = 2008
| hq_location_city = [[Kolkata]], [[West Bengal]]
| hq_location_country = [[India]]
| area_served = [[Kolkata]], [[Howrah]]
| services = Metro transportation services
| owner = [[Government of India]]
| website = http://www.kmrc.in/
| key_people = {{plainlist|
* Shri Manas Sarkar (Managing{{wbr}}&nbsp;Director)
* Smt. Chandrima Roy (Chief{{wbr}}&nbsp;Vigilance Officer)
}}
}}
[[File:East West Metro Kolkata 13.jpg|thumb|Day one of the East West Metro Kolkata on 13th February, 2020]]
[[File:East West Metro Kolkata rake.jpg|thumb|300px|A Kolkata East-West Metro rake]]
'''Kolkata Metro Rail Corporation (KMRC)''' is a Government of India enterprise formed in 2008. The agency was formed to oversee the implementing [[Kolkata Metro Line 2]], also known as East West Metro, connecting the twin cities [[Kolkata]] and [[Howrah]]. The under construction metro rail route will be partly underground including the part that will be under the river [[Ganges]]. The 16.6 km route will have six station each in underground and elevated portions. The terminal stations will be Salt Lake Sector V and the Howrah Maidan.<ref name=":0">{{cite web|url=http://www.kmrc.in/admin/uploads/AR_of_KMRCL.pdf|title=Annual Report|date=2017|publisher=Kolkata Metro Rail Corporation Ltd.}}</ref> The elevated stretch started operations on 13 February 2020.

== Ownership ==
=== History ===
KMRC was formed as a joint venture company between two govt bodies, i.e. [[Government of West Bengal]] and [[Government of India]] on a 50-50 partnership basis. Ministry of Urban Development (now renamed as [[Ministry of Housing and Urban Affairs]]) holds the shares on behalf of Govt. of India.

On 29 September 2010, it was decided that Govt. of West Bengal will withdraw all its shares from KMRC, and Govt. of India will be the shareholder of KMRC along with [[Japan International Cooperation Agency|JICA]]. Thus Govt. of West Bengal gave all its shares to the [[Ministry of Railways (India)|Ministry of Railways]], and making Kolkata Metro a central govt. entity again.<ref name=":0" />

=== Current status ===
The current shareholders are given below- 

* '''''Ministry of Railways''''' 74% (including the shares of Govt. of West Bengal) 
* '''''Ministry of Housing and Urban Affairs''''' 26% 

As of 31 March 2017, equity holding details- 

* '''''Ministry of Railways'''''–  {{INRConvert|721.50|c}} (68.03%) 
* '''''Ministry of Housing and Urban Affairs'''''–  {{INRConvert|339|c}} (31.97%)<ref name=":0" /><ref name=":1">{{Cite web|url=http://www.kmrc.in/admin/uploads/KMRCL_Eng_Hindi.pdf|title=KMRC Annual Report}}</ref>

== Hurdles faced ==
The main problem that were faced by KMRC was regarding land. Most of the places, non-availability of land led to delay in the project multiple times. Some of them are mentioned below-

* Land issue for construction of a new Central station for Line 2, thus leading to route realignment.
* Land issue in Duttabad for erection of piers of elevated stretch, and leading to resurveying of the stretch by RITES
* Land and rehabilitation issues in construction of [[Mahakaran metro station|Mahakaran station]] and so shifting the station location. 

Other issues were-

* Delay in finalisation of the newly aligned route from [[Sealdah metro station|Sealdah]] to [[Howrah metro station|Howrah]].
* Improper and irregular flow of funds 
* Traffic diversion related problems also led to delays<ref name=":1" />

== See also ==
* [[Kolkata Metro Line 1]]
* [[Kolkata Metro Line 2]]
* [[Kolkata Metro Line 3]]
* [[Kolkata Metro Line 6]]

== References ==
<references />

== External links ==
* {{Official website|http://www.kmrc.in/}}
*[https://web.archive.org/web/20110811081430/http://articles.timesofindia.indiatimes.com/2009-07-15/kolkata/28159397_1_e-w-metro-kolkata-metro-rail-corporation-kmrc Meet on E-W Metro safety (Times of India)]

{{Kolkata topics}}
{{Kolkata Metro}}

[[Category:Transport in Kolkata]]
[[Category:Rapid transit companies of India]]
[[Category:Proposed rapid transit in India]]
[[Category:Kolkata Metro]]


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