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DMRC likely to hike ticket fares for Delhi Metro from Wednesday
In a bid to cope with the increasing costs, the Delhi Metro Rail Corporation (DMRC) has decided to increase the ticket fares of Delhi Metro from Wednesday.

The DMRC board today approved the recommendations of the Fare Fixation Committee (FCC). This will be the first time in eight years that metro fares will be hiked.

As per reports, the new minimum fare will be increased from the present Rs 8 to Rs 10. The maximum fare will be increased from Rs 30 to Rs 50. Though, a formal announcement in this regard is yet to be made.

The FCC had also submitted various other recommendations such as a yearly hike in fares from 2019 onwards and a discount on the ticket prices on holidays. But it is not clear whether these recommendations have been accepted or not.

The new fares as per the distance are likely to be Rs 10 for up to 2 km, Rs 15 for 2-5 km, Rs 20 for 5-12 km, Rs 30 for 12-21 km, Rs 40 for 21-32 km and for more than 32 km, the fare will be Rs 50.

In a report submitted earlier this year, NITI Aayog's vice chairman Arvind Pangariya had said that the fares must be increased as at the prevailing prices, DMRC will not be able to provide high quality services and maintenance.

"There is considerable evidence pointing to the fact that without such increases, Metro service and physical infrastructure deteriorate, over time," Panagariya had written in his letter.

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