​​​
  1. Big setback for Delhi Metro passengers; this is the big punishing step DMRC is set to take from October 3

Big setback for Delhi Metro passengers; this is the big punishing step DMRC is set to take from October 3

Travelling in Delhi Metro is likely to get a more expensive for commuters as the Delhi Metro Rail Corporation (DMRC) is all set to kick in the second phase of its fare hike from October 1.

By: | New Delhi | Published: September 26, 2017 12:16 PM
delhi metro, delhi metro fares, delhi metro fare hike, delhi metro passengers, DMRC, Delhi Metro Rail Corporation, DMRC revised fares, delhi metro revised fares, revised fares delhi metro, metro fares, metro fare hike, metro ticket price, metro ticket, metro fare chart, delhi news The first phase of the hike took place in the month of May earlier this year.

It is nothing but a big setback for Delhi Metro passengers. Travelling in Delhi Metro is likely to get a more expensive for commuters as the Delhi Metro Rail Corporation (DMRC) is all set to kick in the second phase of its fare hike from October 1. While the first phase of the hike took place in the month of May earlier this year when DMRC had revised its fares with effect from May 10. The second phase will kick in from October 1, but the hike will be implemented from October 3 as October 1 is Sunday and October 2 is Gandhi Jayanti that is a national holiday. According to Times of India, the discounted metro fare that will be provided under the latest hike that will remain Rs 10 for the first 5 km, but will be increased by Rs 10 subsequently in each slab, going up to a maximum of Rs 50.

The customers are currently paying Rs 10 for 0-2 kms, Rs 15 for 2-5 kms, Rs 20 for 5-12 kms, Rs 30 for 12-21 kms, Rs 40 for 21-32 kms and Rs 50 for more than 32 kms. Once the revised rates kick in, commuters will have to pay Rs 10 for 0-2 kms, Rs 20 for 2-5 kms, Rs 30 for 5-12 kms, Rs 40 for 12-21 kms, Rs 50 for 21-32 kms and Rs 60 for more than 32 kms.

The report further states that DMRC since its last fare revision in May has seen a dip in the number of commuters that used its service. A fall of almost 1.5 lakh passengers per day has been reported as compared to the numbers of June 2016. While talking about the dip in footfall, Managing Director of DMRC, Mangu Singh said that the corporation is not worried that the second phase of fare revision might lead a further dip in footfall, in an interview to TOI. He further added that the fares of Delhi Metro were last revised in 2009 and DMRC had been demanding a hike for a long time, citing the increase in operation costs, including the cost of electricity and the rising wage bill. A DMRC spokesperson was quoted saying, “The necessity of revision in fares was on account of increase in the cost of inputs, viz. the staff costs, the cost of energy and the cost of repair and maintenance.”

Get live Stock Prices from BSE and NSE and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Go to Top