Moneycontrol PRO
HomeNewsIndiaAfter Karnataka CM's nudge, Bengaluru Metro caps fare hike at 71%

After Karnataka CM's nudge, Bengaluru Metro caps fare hike at 71%

Hours after Karnataka CM Siddaramaiah directed BMRCL to revise fares, BMRCL has decided to rectify anomalies.

February 13, 2025 / 16:40 IST
Bengaluru Metro to cap maximum fare hike at 71% to fix anomalies

Bengaluru Metro to cap maximum fare hike at 71% to fix anomalies

Hours after Karnataka CM Siddaramaiah directed Bengaluru Metro Rail Corporation Limited to reduce 'abnormal' metro fare hikes, BMRCL capped the maximum increase at 71 percent after passengers complained of 100 percent fare hikes.

Speaking to reporters, BMRCL MD M Maheshwara Rao admitted that there were some errors in the calculation of certain fare slabs and said that the recalibrated fare slabs would come into effect on February 14.

Also, readBengaluru Metro fare hike: Karnataka CM asks BMRCL to reduce 'abnormal increases'

"Of the 4,624 station combinations, we found that over 380 had fare increases of more than 90 percent, so we are rectifying them. We have decided to cap the maximum fare hike at 71 percent," he said.

However, the minimum and maximum fares will remain Rs 10 and Rs 90, respectively, making it the costliest Metro in the country. "Around 46% of commuters (2,91,418 passengers) will benefit from the revised fare matrix," said Rao.

While daily ridership has fallen by 8-10 percent since the fare hike, BMRCL expects an additional daily revenue of Rs 1 crore, increasing the existing revenue of Rs 1.8–1.9 crore due to the fare hike.

Also, readBengaluru Metro fare hike sparks political row; BMRCL to review anomalies

Unlike other metro operators, Bengaluru Metro mandates a minimum balance of Rs 90 in smart cards and does not offer any discounts for QR code users.

"The 5 percent discount will be given only to smart card users, as the Fare Fixation Commission wants to promote the National Common Mobility Card. Therefore, there will be no discount for QR code users," said an official.

BMRCL officials said they have implemented the fare revision on February 9, 2025, based on the Fare Fixation Committee (FFC) recommendations. "FFC recommendations are binding under the Metro Railway (Operations & Maintenance) Act. After two days of deliberations, BMRCL revisited the fare matrix to address commuter concerns without violating FFC guidelines. The corporation reiterated its commitment to providing affordable mobility while upholding the integrity of the fare structure," a statement from BMRCL said.

Also, readBengaluru Metro fare hike: Siddaramaiah says no control over BMRCL’s decision, Tejasvi Surya raises issue in Parliament

Moneycontrol News
first published: Feb 13, 2025 04:39 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347