Kerala High Court dismisses V4 leader’s plea
Updated:
Updated:
Alleged tresspass into land where soil excavation was on for Water Metro project
Share Article
Alleged tresspass into land where soil excavation was on for Water Metro project
The Kerala High Court has dismissed a petition filed by V4 leader Nipun Cheriyan seeking to quash a criminal case registered against him for trespassing into the land where soil excavation was being undertaken for geotechnical analysis for the proposed Water Metro project and destroying the soil samples collected.
The petitioner contended that he was only trying to prevent Kochi Metro Rail Limited (KMRL) from constructing a bund on the Chilavannur lake, violating stop memos issued by the Revenue authorities. He alleged that he was being victimised for espousing a public cause.
Those located 500 m away from metro corridor may have to pay more tax
Faced with mounting operational expenses and fall in patronage, Kochi Metro Rail Limited (KMRL) is readying plans to increase non-ticketing revenue, including through value-capture finance.
This comes in the wake of fear that Kochi metro’s loss this fiscal will be much more than the ₹310-crore loss it incurred in 2019-20, with the pandemic ruining hopes of an increase in passenger footfall and income from real estate and advertisements.
“The metro agency is currently heavily dependent on the government for its sustenance. With any increase in income from passenger footfall a far cry, plans are afoot to garner income from value-capture finance. In this, direct beneficiaries of the system of mass rapid transport like commercial establishments and houses/apartments located 500 m away from the metro corridor can be brought under a higher tax structure (whereby a portion of the tax paid will go to the metro a