Friday, 20 October 2017
Latest news
Main » Kejriwal demands independent inquiry into metro fare hike

Kejriwal demands independent inquiry into metro fare hike

13 October 2017

Union Urban Development Minister Hardeep Singh Puri told the Delhi Government that it would need to pay Rs3, 000 crore annually for five years if it wanted to stop the metro fare hike.

Also Read: Worried about Delhi Metro fare hike?

The Delhi Congress chief, while unveiling the Rath on Thursday, said that both BJP-ruled Central and Kejriwal-ruled Delhi governments was behind the hike in Metro fare.

The Delhi unit of the Congress party has made a decision to stage protests outside metro stations in the city tomorrow against the recent increase in its fare.

Mr Kejriwal asked Union Minister Hardeep Singh Puri why it was all right for the centre to bear losses for Kolkata Metro, but not Delhi.

He added that the contention that operational losses must be borne "solely by the Delhi government" established "absurdity of the prevailing arrangements where all losses are required to be borne by the Delhi government even though it has no say whatsoever in the management of DMRC". "But fare hikes be allowed only to the extent necessary since they affect a vast majority of our people".

Gulf International Bank (uk) Ltd Modifies Its Holdings in Alphabet Inc. (GOOG)
On July 25 Deutsche Bank made no change to the stock rating of "Buy" and lowered the price expectation to $1.00 from $1.00. Over the past three months, Alphabet Inc. insiders have been net buyers, dumping a net of -52,139 shares.

"I can not recall a single tariff hike of over 100 per cent for any public service in sectors such as transport, electricity and water".

After finalisation of the Delhi metro fare hike decision on Monday, the revised fare structure now is: up to 2 kms - Rs 10, 2-5 kms - Rs 20, 5-12 kms - Rs 30, 12-21 kms - Rs 40, 21-32 kms - Rs 50 and for journeys beyond 32 kms - Rs 60. Two fare hikes in six months is unjustified , As Reported By Hindustan Times.

Referring to that, Mr. Kejriwal wrote: "This is truly a odd proposition".

Apart from this, the Delhi Metro Rail Corporation (DMRC) has increased fares as a part of an implementation of the second phase of fare hike.

The DMRC had gone ahead with the fare hike despite the AAP government's strident opposition. Delhi Congress chief Ajay Maken will conduct a Save Metro Rath yatra and will take it to various metro stations to protest the hike in fare.

Kejriwal demands independent inquiry into metro fare hike