Mumbai Metro fares frozen till October 31

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By IANS  www.mid-day.com

In a major relief to lakhs of commuters, the Mumbai Metro One Pvt. Ltd. has decided to freeze the existing fare structure till October 31, though the Fare Fixation Committee has permitted a fare in the band of Rs.10-110, an official said here on Monday.

Simultaneously, the MMOPL will approach the state government for operation and capital subsidies and unlock the potential of non-fare sources of revenue as permitted.

The current fare for the city’s first – and so far only Metro (presently 11.4 km long) is Rs.10, Rs.20, Rs.30 and Rs.40 depending on the distance. “After October 31, the situation will be reviewed and the fare will be gradually increased depending upont he response of state government on various proposals of revenue enhancement,” the MMOPL said in a statement.

A three-member committee of the central government in April, had recommended the fare hike earlier this month after analyzing all aspects including cost to operate the line and alternate modes of transport. More info

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