A recent report from the Economic Advisory Council to the Prime Minister (EAC-PM) reveals that living in proximity to metro stations in India's major cities has a dual impact on residents: it facilitates easier commuting and promotes financial responsibility. Residents near metro stations are reportedly paying off their home loans more regularly and, in several cases, even clearing their debts ahead of schedule. This shift in behavior underscores the broader economic implications of improved urban infrastructure, highlighting how access to transit systems encourages financial discipline among families.

The report challenges the common notion that infrastructure development primarily generates employment opportunities. Instead, it presents evidence suggesting that metro connectivity significantly alters the economic behavior of families. With improved access to public transport, people are more inclined to prioritize their financial commitments, particularly in managing home loans. This indicates a fundamental shift in how urban communities engage with financial products and obligations, marking a move toward increased financial literacy and responsibility.

Further analysis in the report suggests that the introduction of metro systems reduces dependence on personal vehicles. As families opt for metro travel instead of driving cars or motorcycles, they experience savings on fuel costs—both petrol and diesel. This reduction in transportation expenses enables them to allocate more funds towards repaying loans, thereby alleviating their financial burdens over time. Overall, the findings highlight the multifaceted benefits of infrastructure projects and how they foster not only economic growth but also responsible financial behavior among urban residents.