The Union minister said his administration was not authorised to stop the fare hike but could consider a suspension if the Delhi government pitches in with funds. The Delhi Metro’s minimum fare was hiked from Rs 8 to Rs 10, and the maximum from Rs 30 to Rs 50 in May this year. The FFC’s are temporary in nature and are set up by the Centre only when a metro rail corporation requests a fare hike. Puri has further added that if the fares are not increased as per the recommendations of the FFC, the total grants in aid that the DMRC would require in the next 5 years starting from 2017-18 till 2021-22 would be Rs 3,040 crore, Rs 3,616 crore, Rs 3,318 crore, Rs 3,150 crore and Rs 2,980 crore respectively. Delhi Metro were last revised in 2009, when minimum ticket prices were increased from Rs 6 to Rs 8 and the maximum from Rs 22 to Rs 30.
Source: Hindustan Times October 07, 2017 09:59 UTC