<h1>State transport company transfers city rapid metro operations to new city metro firm; joint committees ensure uninterrupted service</h1> A state rapid transport company has initiated transfer of a city's rapid metro operations from the incumbent metro operator to the newly designated city metro company; until completion, operations will be jointly managed with joint committees, defined terms of reference and timelines to ensure uninterrupted service. Recent months saw a double-digit rise in ridership and fare revenue and a reduction in operational expenses, improving financial performance; non-fare revenues from rentals and advertising have grown notably, with an e-auction of viaduct sites expected to yield substantial annual proceeds. Detailed project reports for multiple regional high-speed corridors are under preparation or review, with revised lengths, cost estimates and the state's share of funding specified.