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Delhi Metro Increases Its Fare By 66%

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After 8 years,Delhi Metro Rail Corporation (DMRC) has approved the increase in metro fares.According to DMRC officials,Delhi Metro is facing a loss of Rs.708 crore due to increase in salaries and electricity usage and a delayed increase in fares.

Despite all these arguments, still government is opposing a sudden hike in price as it will cause problems to travelers. Also, Residential Welfare Associations (RWA’s) is opposing it indicating its adverse effect on budget 2018.

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To avoid the inconvenience to the daily passengers,the process will proceed in two phases.A rise of 25% fare will be applicable from tomorrow and second phase will be applicable from October 1, 2017,fares will rise upto 66%.

The fare will rise from Rs.8 to Rs.10 and as follow.Although,a discount of 10% will be given to Smart Card holders and in non-peak hours.The localities are still disturbed by this step of metro authorities.It will signify a sudden fall in number of metro passengers in future. DMRC should go for other options too like advertisements and extending duration to 12 AM or by providing more facilities as a decline in passenger count due to hike in fares will ultimately decrease revenue.

If the metro fares would have risen slowly in previous years,then a huge hike could be reverted.
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