RWAs take to the streets, demand rollback of decision — Metro fare hike

Nettie James
May 9, 2017

The Delhi Metro last revised fares in 2009, when the minimum fare was increased from Rs 6 to Rs 8 and the maximum fare from Rs 22 to Rs 30.

DMRC has announced special discounts to commuters on Sundays and national holidays with the maximum fare reduced to Rs 40. This arrangement will be in place till September.

"The DMRC board has accepted the recommendation of the FFC [Fare Fixation Committee]", an identified member of the board said.

Fares on the Airport Express Line remain unchanged and the 10 per cent discount on smart cards remains the same, the DMRC said.

"The announcement on the fare hike will be made in the evening", he said.

Director KK Saberwal (C), spokesperson Anuj Dayal (R) and AGM/Finance Ashu Sharma (L) during a press conference regarding hike in metro fare in New Delhi on May 8, 2017.

In the second phase, the fare structure would be Rs10 (0-2 km), Rs20 (2-5 km); Rs30 (5-12 km); Rs40 (12-21km); Rs50 (21-32km) and Rs60 for 32km and above.

Delhi metro revises fare slabs, hikes minimum price to Rs 10 and maximum to Rs 50

DMRC had been pushing for a fare revision, citing increasing expenses to run the system.

Then the Metro's operating ratio - the ratio of cost of operation to savings and profit - had fallen to 50 per cent of what it was in 2002, the official said.

The new rates will be effective from Wednesday, a DMRC spokesperson informed.

However, DMRC announced on Monday that with effect from May 10, the minimum fare will increase to ₹10 from ₹8 and the maximum fare to ₹50 from ₹30. An additional discount of 10% is also granted to smart card users, if passengers take Metro during off-peak hours. Of all the Metro operating cost, the power bill alone accounts for nearly 30 per cent. The fares on these days will be between Rs 10 and Rs 40 till September-end. The third phase of Metro projects has already missed the deadline.

The committee had earlier this month sought a three-month extension from the government for submission of its report, which was turned down by the Ministry, leaving it with no option but to present its report.

According to the DMRC officials, the hike was long pending as costs of functioning have increased over the last few years.

Other reports by Insurance News

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