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DMRC hikes metro fares

New Delhi, Nov 11 (ANI): The Delhi Metro Rail Corporation (DMRC) on Wednesday hiked its minimum fare from six rupees to eight rupees, while the maximum will be 30 rupees instead of 22 rupees.

The new fares will come into effect from Friday.

According to the DMRC, the average increase in fare for all slabs is around 36 per cent. The DMRC also clarified that the 10 per cent discount on smart card will continue.

This is the third time that the DMRC has revised fares after starting the metro service in 2002.

The first one was in March 2004, while the second revision took place in December 2005. (ANI)
Topics: dmrc, hikes, metro, fares

DMRC a great revenue model

New Delhi, Jul 20: An ASSOCHAM study projected earnings of Delhi Metro Rail Corporation (DMRC) to go up nearly 200 per cent to a whopping Rs 2,100 crore by 2011, with the revenue streams being generated by traffic of the order of Rs 700 crore and additional incomes being garnered by letting out space for advertising, ATMs, and restaurants. According to an Assocham Forecasting Study, in the next three years the DMRC would have rented out most of its space along metro's track.....
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