Delhi Metro | Center notifies panel to revise Delhi Metro fare

New Delhi: The Ministry of Urban Development, on Monday, announced it has informed the Fare Fixation Committee for recommending revised fares of Delhi Metro Rail Corporation (DMRC).


DMRC fares were last revised in 2009, despite repeated requests by the company for relief in the wake of rising electricity charges and other costs.


“Set up under sections 33 and 34 of the Metro Railway (Operations and Maintenance) Act 2002, the committee has been given three months time from the date of assumption of charge by the Chairperson of the committee Justice M L Mehta for submission of its report and recommendations to DMRC,” says a statement by the ministry.


DMRC has reportedly been reeling under financial crunch owing to non-revision of fares for the past many years. The operator of Metro trains in the national capital had been pressing the government to set up the FFC (Fare Fixation Committee).


DMRC fares were last revised in 2009. The committee is responsible for recommending passenger fares for DMRC network in Delhi and its extension in the National Capital Region (NCR).


Delhi Metro is a 50:50 partnership between the Delhi government and the Union government. According to the media reports, DMRC had written at least thrice to the ministry in the past few years requesting setting up of the committee.



Delhi Metro | Center notifies panel to revise Delhi Metro fare

Comments

Post a Comment

Popular posts from this blog

Chennai Metro | CMRL releases map of Phase 2 metro project

Image
Chennai: Chennai Metro Rail Limited has officially released a route map for its ambitious phase 2 metro project that will connect far-flung areas of the city through three corridors. In February, Metro Rail floated nine tenders for detailed design consultants and for soil tests. In one of the tenders, it has released a map of phase 2 with 104 stations, covering 107km. The estimated cost of the project is Rs 85,047 crore. Chennai Metro Phase II Network Map (PC: CMRL) However, after a review of the alignment, CMRL officials said they had increased the number of stations to 116 covering a total 107.55km along three corridors. The tenders CMRL has floated are also for corridor 3 (Madhavaram Milk Colony to Siruseri SIPCOT) that covers the IT hub on the OMR and corridor 5 (Madhavaram to Sholinganallur). Corridor 4 that connect Light House to CMBT is likely to be extended up to Poonamallee at an additional cost of Rs 3,850 crore. A feasibility study is at present und...
Read more

Innovative SkyWay technologies: Future Transportation

Image
SkyWay string transport is an energy and transportation communicator of elevated overpass type. It uses electric vehicles on steel wheels riding on specific string rails. The main design differences of this system from other types of railroads of trestle design are pre-stressed tension of the structure, the absence of a continuous solid roadbed, low materials intensity in construction and visual simplicity. The main advantages are economic efficiency, environmental friendliness, durability, reliability, safety and, consequently, high market competitiveness. SkyWay transport is developing in three main areas: high-speed intercity type (up to 500 km/h, and in future, up to 1250 km/h with the transition to a pre-vacuum tube) urban passenger type (up to 150 km/h) and freight type. It has no analogues in its field with the ability to meet the entire range of transportation needs. In future it can be integrated into a unified global energy, information and transportation network, which will ...
Read more

Delhi Metro | DMRC to make phase-III project fully operational by March 2018

The Delhi Metro’s Phase III, an ambitious public transport intervention, will be almost fully operational by March 2018, bringing vast areas of the national capital into the fold of its fast expanding network. Stretches of the Pink and Magenta Lines, which will together measure over 90 km with 61 stations, will be thrown open starting this October and the entire corridors will be functional by next year. The 58-km-long Pink Line, which will connect Majlis Park to Shiv Vihar running along the arterial ring road that encircles the city, will be opened in stages between December 2017 and March 2018, according to the latest Phase III status report. However, a section of the corridor between Nizamuddin and IP Extension in East Delhi may not be operational by March as it is stuck due to issues pertaining to land acquisition. “The date for Nizamuddin to IP Extension section will be worked out after resettlement and rehabilitation issues at Trilokpuri are settled,” the report ...
Read more