Kejriwal offers to pay half of Metro losses

Aaron Brown
October 10, 2017

Puri had on Friday told the Delhi government it would need to pay Rs 3,000 crore annually for five years if it wanted to stop the metro fare hike.

Commenting on the matter, Hardeep Singh Puri, Minister of State (MoS) for Housing and Urban Affairs, informed chief minister Arvind Kejriwal that the Metro Act does not allow the Central government to have any authority over holding the fare hike.

"As for your suggestion regarding a grant to the DMRC for meeting the gap in their finances, my government is willing to bear half the grant if only a matching grant is provided by the central government".

The DMRC was formed in 1995 with equal equity participation of the Central government and the government of NCT of Delhi.

"The Committee's (FFC) recommendations are binding on the Metro Rail Administrations as per provisions of Section-37 of this Act (Metro Act)".

He hoped that the spirit of partnership would continue to prevail and a mutually acceptable solution would be found.

"Since the Central Government bears 100 per cent of loss for Kolkata Metro, I see no difficulty if it bears 50 per cent in case of Delhi".

Danish police find severed head in Kim Wall submarine case
Since then, further investigation has found that Wall's corpse was mutilated with stab wounds to the ribcage and genitals. Madsen has insisted there was no sexual relationship between him and Wall, and that their contacts had been professional.

Darvish to start Game 3 for Dodgers in NLDS
Walker has a 2.92 ERA in 86 1/3 road innings this season. "I see my teammates so excited on the bench", Puig said , laughing. Overall Kershaw went 6.1 innings, giving up five hits-four of them solo homers-while striking out seven.

Trump administration issues new contraceptive mandate with greater religious exemptions
In expanding the exemption for employers, the Trump administration says there are many other sources of birth control . Suzan DelBene (D-Medina) said in a statement that birth control is essential healthcare.

From 10 October, for a distance of up to 2 kilometres, the fare will remain Rs10, but for a distance between two and five kilometres, it will go up from Rs15 to Rs20. However, Centre should provide the other half of the funds.

Goel said he will ensure that Value-Added Tax is reduced provided the Centre manages to withhold the proposed fare hike of metro.

Total fare hike recommended by FFC over about 8 years is only 91% and this comes to less than 7% per year.

The DMRC is to implement its second fare revision on Tuesday.

"The three suggestions made by CM - Centre directing its nominees on DMRC to seek postponing hike, sharing 50% of operational losses, handing over DMRC operations to Delhi government - are a violation of the existing law and policies and governments can not be seen violating their own laws".

Though DMRC is not entitled to discuss and change FFC recommendations, Puri suggested to DS Mishra, Secretary and Chairman of DMRC board to consider convening a meeting of the Board on the insistence of CM. Kejriwal said private power distribution companies in the Capital had earlier shown fake losses to justify a tariff hike.

Other reports by Free-Prsite

Discuss This Article