Performance Audit: A Case Study of Indian Metro Railway

FLASH-BACK i.e.,in the year 2011 the LAP LAMBERT Academic Publishing GmbH & Co. KG of Germany came forward to publish my work on Indian Metro Railway and finally my effort took shape under the title "Performance Audit: A Case Study of Indian Metro Railway". This book explores the socio-economic impact of the decisions taken by the then Govt. of India in 1969 and in 1995 to construct Metro Railways in Kolkata,India's first and Asia's fifth, and in Delhi. Both the projects were capital intensive. Since inception Kolkata Metro Rail is in severe crisis due to operating losses. Contrarily, Delhi Metro generated profit from the first year of its commissioning and boasts of being one of only five metro railways in the world that has been operating profitably without govt. subsidies. Keeping in mind this reverse situation of Kolkata Metro Rail and Delhi Metro Rail under the same ministry i.e., Ministry of Railways, Govt. of India the concept of 'Perfomance Audit' appeared to sort out the causes behind the screen.