15th October, 2018
States

CM Kejriwal Offers To Bear DMRC Loss, Urges Roll-Back On Metro-Fare Hike

If not complete, but Delhi has some relief to offer to the Delhi metro commuters. Delhi Chief Minister Arvind Kejriwal has once again offered to bear half the losses arising out of the roll-back on the metro-fare hike. Kejriwal has urged the Centre to bear the other half and take the burden off commuters

Kejriwal has earlier offered to partially bear the losses caused to DMRC if it decides a roll-back on the October metro-fare hike that steered the prices up by Rs 10 across all slabs.

Expressing that there was an 18.5 per cent dip in Metro passenger trips after the October 10 fare hike, he has urged the centre to roll back the hike. He also opined that reduced metro trips are certain to cause more pollution in the capital.

In a letter written to the Union Housing and Urban affairs minister Hardeep Singh Puri, Kejriwal wrote, “There has been a decline of about 10.5 per cent in the number of passenger trips undertaken during November 2017 as compared to November 2016.”

The chief minister said that dip in metro ridership would significantly add to air pollution. This is because the passengers who used to commute by Metro were now using other modes of transport which were less-environment friendly.

The CM has said that the recent tariff hike shall be roll-backed in public interest and that the fares shall be brought back to September level.

Reported loss and govt action

The Central government had informed Kejriwal in October, 2017 that it cannot put the proposed hike on hold unless the Delhi government agrees to give about Rs 3,000 crore to DMRC annually. This amount was categoried as a grant-in-aid for the next five years.

Kejriwal had agreed that his government could pay Rs 1,500 crore a year, and that the central government shall fund the other half.

Centre-State Partnership

Formed in 1995, DMRC has equal equity participation of the Central and Delhi government.