The concessionaire, represented by senior advocate P Chidambaram, contended in court that it has been paying Rs 18 -20 crore a month since July 2013 for servicing the debt.
DMRC officials who met representatives of the protesters said that it was the government which has to take a call on rollback of fare hike.
A commuter travelling 32 km is now paying 48% more after last week’s hike. After the 2009 revision, however, the fare change for the same commuter was 42%.
According to the project’s latest status report prepared by the DMRC the line is targeted for completion in May.
Those carrying a smart card and travelling during the off-peak hours — between 6AM-8AM, 12PM-5PM and 9PM onwards — will be able to avail a discount of 20 per cent.
It is the first fare revision by Delhi Metro in over seven years.
Tickets used to cost between Rs 4 and Rs 8 when the Delhi Metro started operations in December 2002.
“The fare revision will be implemented in two phases. The first phase of increase will be implemented with effect from May 10, and the second phase from October 1, 2017.”
Delhi Metro fare hike: The 66% hike will make the minimum and maximum fares Rs 10 and Rs 50, respectively.
The argument was reportedly over a seat in the Delhi Metro.
A senior CISF officer was quoted as saying that small knives were not a threat to security.
“PayTM is only one of the methods available in DMRC for facilitating such transactions (and not the only method ),” a press release said.
Ten metro stations in Delhi will go completely cashless in their transactions from January 1, 2017 and that isn’t good
Although smoke could be seen near A/C vents and pantograph of the train in few videos taken by passengers present on the spot, the actual reason could not be immediately ascertained, the official said.
The 38-km-long Magenta line stretches from Janakpuri West station to Botanical Garden station and is expected to cater to 4 lakh passengers.