Mumbai metro fares to increase from Dec 1
Mumbai: Mumbai Metro One (MMOPL), which is operating the Versona-Andheri-Ghatkopar corridor, on Friday said it will increase the fares by Rs. 5 from December 1.
“MMOPL has announced moderate increase in fare for the corridor while still keeping the fares significantly below the recommendations of the Fare Fixation Committee (FFC). The new fare structure will be effective from December 1,” the company said in a statement here.
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 fare fixation committee (FFC) had fixed fare in the band of Rs 10-110 but Mumbai Metro has kept the minimum fare unchanged while increasing the maximum fare up to Rs 45.
Mumbai Metro One Private Ltd (MMOPL) spokesperson said, “The new fare structure is heavily discounted as against the FFC. While MMOPL continues to suffer losses of about Rs 300 crore per year, the company chose to defer any fare revision till November 30, 2015, and engage with the state government with an intent to finding a viable solution and to avoid giving any shock to its valued commuters.”
The fare for the Versova-Andheri-Ghatkopar Metro has been a major bone of contention between the Maharashtra government and the MMOPL, in which the state’s Mumbai Metropolitan Region Development Authority (MMRDA) has a 26 percent equity stake.