THE MINISTER OF STATE (INDEPENDENT CHARGE) OF THE MINISTRY OF HOUSING AND URBAN AFFAIRS
(SHRI HARDEEP SINGH PURI)
(a) to (c): A statement is laid on the Table of the House.
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STATEMENT
STATEMENT REFERRED TO IN REPLY TO PARTS (a) TO (c) OF THE LOK SABHA STARRED QUESTION NO. *359 FOR ANSWER ON 20TH MARCH, 2018 REGARDING FARES IN DELHI METRO RAIL ASKED BY SHRI P.K. KUNHALIKUTTY.
(a)&(b): Yes, Madam. The fare of Delhi Metro has been revised on the basis of recommendations of fourth Fare Fixation Committee (FFC), constituted under the provisions of the Metro Railways (Operation and Maintenance), Act, 2002. The Committee has not recommended any concession to senior citizens, students and handicapped persons. As per Section 37 of this Act, the recommendations of the FFC are binding.
(c): The financial accounts of Delhi Metro Rail Corporation Ltd. (DMRC) for the financial year 2017-18 have not been finalized. Therefore, the figures of profit/loss earned by DMRC are not available.
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