MMRDA opposes Mumbai Metro One's proposed Rs 110 fare hike

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By Sanjay Jog www.business-standard.com

The state undertaking Mumbai Metropolitan Region Development Authority (MMRDA) has filed a petition in the Bombay High Court against the Central government appointed Fare Fixation Committee’s (FFC) report recommending fare hike up to Rs 110 from the present structure of Rs 10, 20, 30, 40 for the Versova-Andheri-Ghatkopar metro corridor.

MMRDA has argued that fare fixed by the FFC’s majority members contains no discernible rational basis and it defeats the very purpose of Mass Rapid Transport System (MRTS).

Besides, MMRDA has said that the Reliance Infrastructureled consortium in the concession agreement had agreed for a tariff structure of Rs 9, 11, 13 for 2015-16 but the FFC members did not take into consideration while suggesting the tariff hike. More info

 

 

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