Business Standard

Delhi metro fare hike: Centre, Delhi govt ignore DMRC's health amid tussle

A periodic fare hike is a must to keep DMRC's balance sheet healthy and prevent it from becoming another Indian Railways

DMRC, Delhi metro, metro
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Megha Manchanda New Delhi
As the Delhi Metro Rail Corporation (DMRC) gears up for the second round of fare hikes amid a tussle between the Delhi government and the Ministry of Urban Development, an important issue that both the departments seem to have overlooked is the financial health of the DMRC.

Recently, Delhi Chief Minister Arvind Kejriwal wrote to the Centre urging them to hold their decision to raise the fare of the metro service in Delhi and asked to review its decision.

The Centre told the Delhi government that setting up a fresh Fare Fixation Committee could be considered if the latter agrees

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