Delhi: Metro chief for steep fare hike
With a 40% increase in fuel costs in last one year and no fare revision since 2009, the Delhi Metro has started to feel the pinch.delhi Updated: Sep 04, 2013 01:16 IST
With a 40% increase in fuel costs in last one year and no fare revision since 2009, the Delhi Metro has started to feel the pinch.
“We will urge the government for an automatic fare revision formula after the fare fixation committee is set up. In the last one year alone the metro’s fuel cost has shot up by 40% due to rising electricity cost,” Mangu Singh, DMRC managing director said Tuesday on the sidelines of the Indo-Japan seminar on monorail and Light Rail Transit in the Capital.
Singh said that though on account of the rider ship going up DMRC’s earning in the past one year has increased by 16 to 17% but it has not helped. In the intervening period the fuel cost has also shot up by 40%. Currently 22 lakh passengers travel on the metro every day.
An automatic fare revision formula will ensure a hike in metro fares as and when the operating costs increases. DMRC has been asking for a fare revision for about a year now.
However, with elections in Delhi slated for later this year, it does not look like the DMRC’s demand for a fare revision would be accepted by the government anytime soon.
The government has been dilly dallying to the extent that the Union urban development (UD) ministry has failed to set up the fare fixation committee for the revision since the last six months.
Senior government officials blame bureaucratic red tapism behind the delay. “The government is yet to appoint the chairman of the fare fixation committee. Without the chairman’s appointment, the committee can’t function,” said a source.
The urban development ministry had in the last six months recommended two candidates for the post but the cabinet’s appointment committee rejected it on both the occasion. The ministry has not sent a new name for the post since.
Besides the chairman, the fare fixation committee has two other nominated members which include the UD secretary and principal secretary (finance), Delhi government.