No guidelines, parameters to fix fares for Mumbai Metro

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By Saurabh Katkurwar, www.hindustantimes.com

Revised fares for Mumbai’s first metro project are set to be announced by the Fare Fixation Committee (FFC) within 15 days. The fare, however, is supposedly based on assumptions rather than on any prescribed formula.

The reason: the Central Metro Act does not have any guidelines or parameters for fixing fares.

“There is no prescribed formula or mechanism in the Act to fix metro fares. So, we are going to fix new fares by studying submissions made to the committee by Reliance Infra and the Maharashtra government as well as people’s suggestions at the public hearing meeting.

Based on these submissions, suggestions and project details, the fare will be fixed,” said a highly-placed source, who did not wish to be named.

The three-member committee had earlier called the state government and Reliance Infra to hear their side on the issue. More info

 

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