Barring the minimum fare of Rs 10 for a distance of 0-2 km, which will remain the same, fares were hiked for all other slabs.
Such commuters living in areas such as Azadpur, Nangloi, Mansarovar Park and Vasundhara Enclave said they would not mind paying extra if the Metro improves its services and upgrades its facilities and amenities, which, they added, should include "last-mile connectivity through feeder buses, better integration with buses ~ and women safety, especially during late night hours".
New metro fares came into effect on Tuesday despite strong opposition from Arvind Kejriwal-led AAP government, which had locked horns with the Delhi Metro Rail Corp (DMRC) over the hike. The passengers who travel in the Delhi Metro using the Delhi Metro Smart card will continue to get 10 per cent discount on each ride.
Some of them hoped that the revenue generated from the revised fares would be used by the Metro to address its recurring technical glitches while ensuring a reduction in the waiting time for boarding the trains. I am forced to think about going back to driving my auto instead of taking the metro.
The revised fare structure is as follows: up to 2 km - Rs 10; 2 to 5 km - Rs 20; 5 to 12 km - Rs 30; 12 to 21 km - Rs 40; 21 to 32 km - Rs 50; and for journeys beyond 32 km - Rs 60.
The DMRC officials say the fare hike was much needed as its financial health was going south because of the low fares as expenditure was rising and it was reflecting on its operational ability. And from today onwards I have to pay Rs 60.
Arcus Capital Partners LLC Decreases Stake in American Airlines Group Inc (AAL)
BidaskClub raised American Airlines Group from a "buy" rating to a "strong-buy" rating in a research note on Saturday, July 8th. The stock of American Airlines Group Inc (NASDAQ: AAL ) has "Buy" rating given on Thursday, September 21 by Stifel Nicolaus.
"The Modi Government's decision to hike the fare is unfortunate and taken with animosity".
Further the party stated that both Aam Aadmi Party (AAP) is just playing politics and trying to befool people by protesting, as they were in the decision making process since the beginning.
Rai said that the AAP will launch a "satyagraha" across the national Capital to demand a rollback and protest outside all metro stations on Wednesday and will gherao Nirman Bhawan, the office of the Union Urban Development Ministry, on Thursday.
As per the reports, on Monday Deputy Chief Minister Manish Sisodia called the fare hike as a conspiracy to benefit cab aggregators.
Several people, however, felt that Delhi Metro's fare hike was necessary to enable it to provide world class services.