"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 new fare structure which will come into effect from December 1 is heavily discounted against the FFC recommended fare of Rs 10 to Rs 110. We will continue to remain engaged with all stakeholders to achieve the dual objective of affordable fare and business sustainability," an MMOPL spokesperson said.
The FFC had recommended a fare structure of Rs 10 to Rs 110 in July after detailed scrutiny of all aspects. It had also advised MMOPL to approach the state government for suitable assistance to lower the fare while achieving business viability.
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Against the maximum fare of Rs 110 recommended by the FFC, the maximum fare for Mumbai Metro after the revision is only Rs 45, while the minimum fare remains the same as before at Rs 10.
As per the new tariff, a hike of about Re 1 per trip has been made in the fare charged on the 45 trip monthly pass which is currently available in two slabs of Rs 675 and Rs 900 for short and long trips, respectively.
The increase in the fare per trip for the commuters holding store value passes is just Rs 2. Instead of the four earlier fare slabs of Rs 10, 18, 27 and 32, the revamped structure has five slabs of Rs 10, 20, 22, 29 and 34 in this category.