AAP
Government may not
favour hike in Delhi Metro
fares
19/02/2015
New Delhi: With AAP
coming to power in Delhi, speculation is rife that the new government may not
be in favour of a hike in Metro fares. DMRC has been asking for an upward
revision in fares citing increasing costs. The Metro fares have not been
revised since 2009.
Earlier this month, the
urban development ministry sent a proposal to the appointments committee of the
cabinet to set up a fare fixation panel, which will submit its report within
three months of getting approved. The panel consists of three members,
including the urban development secretary from the Centre, the finance
secretary from the Delhi government and a retired judge.
Said a senior
government official, “Fare fixation has been pending for a long time now.
However, since elections were due in Delhi, no movement had happened on the
issue. With the new government in place, a decision should be taken soon.”
Insiders, however, are
apprehensive that the AAP government may not be keen on revising Metro fares
immediately. “Amid the talk of subsidies, speculation is rife that the
government may not be in favour of an increase in Delhi Metro fares, which is
seen as the commute of the common man,” said a senior official on condition of
anonymity.
The fare fixation panel
decides on the formula for fare revision. The last revision of fares took place
five years ago. Delhi Metro can revise its fares only on the recommendation of
a three-member committee constituted by the Centre from time to time. Added the
source, “Once the government approves, the committee will be notified with
their terms of reference for fare fixation.”
According to officials
at the Centre, Justice (retired) A K Srivastava has been chosen as the chairman
of the committee. “Fare hike is long overdue. Now when the committee will be
formed and when it will give its recommendations is not in my hand,” DMRC CMD
Mangu Singh had said earlier.
According to Delhi
Metro officials, almost 40 percent of Delhi Metro’s overall expenses go towards
paying electricity bills with the power consumption rising to around 63 crore
units amounting to almost Rs 450 crore in 2014-15.
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