Instead of the earlier slabs of Rs 10, 20, 30 and 40, the new structure will have five slabs of Rs 10, 20, 25, 35 and 45. The fare slabs per trip for the return journey token category have been similarly revamped from Rs 10, 15, 25 and 30 to Rs 10, 20, 22.50, 30 and 35 now.
The number of fare slabs has also been increased from the previous four to five now, in order to align the fare structure with the recommendations of the FFC. “The new fare structure which will come into effect from December 1 is heavily discounted against the FFC recommended fare of Rs 10 to Rs 110. We will continue to remain engaged with all stakeholders to achieve the dual objective of affordable fare and business sustainability,” an MMOPL spokesperson said.
The FFC had recommended a fare structure of Rs 10 to Rs 110 in July after detailed scrutiny of all aspects. It had also advised MMOPL to approach the state government for suitable assistance to lower the fare while achieving business viability.
“While MMOPL continues to suffer losses of about Rs 300 crore per year, we chose to defer any fare revision till November 30, 2015, and engage with the government with an intent to find a viable solution and to avoid giving any shock to its valued commuters. We will continue to pursue the matter,” the spokesperson said. More info