Health Care

Delhi Metro Price Hike: All You Need To Know

Delhi Metro Price Hike: All You Need To Know”

"We will keep people aware of the politics being played between the BJP-led Central Government and the Kejriwal-led Delhi Government on the issue of the Metro fare hike", he said. Metro fares are revised to help the public transporter meet operational costs and provide world-class service, transport sector experts say.

While commenting on the new Metro policy, a government official told Hindustan Times that such revisions would now be done at regular intervals and for everyone.

In most places, it is a joint venture between the union and the state governments with loans also coming from foreign government's such as Japan for the Delhi Metro.At present, temporary FFCs are set up by the Centre for states whenever the metro rail corporations request a fare hike.

The decision of hike in metro fare was taken by the three-member Fare Fixation Committee (FFC) which was formed previous year with one representative from the Centre and the Delhi government each and the third, a retired high court judge. "I am amazed to know that the Union Urban Development Minister has demanded Rs 3,000 crore from the Delhi government to stop the metro fare hike and also at Kejriwal's response that he's going to pay half of it". The revised fare structure will be: up to 2 km - Rs 10, 2 to 5 km - Rs 20, 5 to 12 km - Rs 30, 12 to 21 km - Rs 40, 21 to 32 km - Rs 50 and for journeys beyond 32 km - Rs 60.

Delhi Chief Minister Arvind Kejriwal was one of vehement opponents of the ban.

The party has modified a bus as a Save Metro Rath and will take it to various metro stations to protest the hike in fare.

"One would have expected that on account of rapidly rising ridership, efficiency improvements and real estate exploitation, metro fares in real terms should have remained constant, if not reduced", he wrote.

Like this


12 October 2017
Stock with higher future earnings - Starbucks Corporation (SBUX)
BidaskClub downgraded Starbucks Corporation from a "strong-buy" rating to a "buy" rating in a report on Thursday, June 15th. California-based Aristotle Capital Management Ltd Liability Corp has invested 0% in Starbucks Corporation (NASDAQ:SBUX).

12 October 2017
WWE NXT Star Qualifies For Takeover, Johnny Gargano
Sullivan won with his side spinebuster. - Recap of Roderick Strong and Drew McIntyre's NXT Championship match from last week. Almas countered a Gargano kick on the apron with a kick of his own, followed by a backbreaker and reverse DDT on the apron.

12 October 2017
Bill Barrett Corporation (NYSE:BBG) Trading Up - Short Interest Down by -10.87%
Therefore 21% are positive. 08/02/2017 - Bill Barrett Corporation had its "buy" rating reiterated by analysts at KLR Group. Bill Barrett Corporation (BBG ) traded down 1.20% on Tuesday, reaching $4.11. 1,800 are held by Creative Planning.

12 October 2017
Neville believed to be "100 percent gone" from WWE
The King of the Cruiserweights was dethroned when Amore's low blow allowed him to pick up a shocking win. Neville's status with the company is still up in the air but it's believed that he's gone.

12 October 2017
Sector Trader's Alert: Snap Inc. (NYSE:SNAP), Schlumberger Limited (NASDAQ:SLB)
Washington Capital Management Inc.'s holdings in Schlumberger N.V. were worth $1,689,000 as of its most recent SEC filing. ROGERS ALEXANDER H also sold $26,922 worth of QUALCOMM, Inc. 20,000 shares were sold by Kingsbury Thomas, worth $1.97M.

12 October 2017
What's Acceptable Profitability For Apple Inc. (AAPL) and Box, Inc. (BOX)?
White Pine Cap Ltd holds 1.21% of its portfolio in Apple Inc . (NASDAQ: AAPL ) on Friday, December 16 with "Overweight" rating. It shows the cash a company is able to generate after spending the money need to maintain or grow its asset base.

12 October 2017
Osinbajo admits approving NNPC contracts
But the NNPC dismissed the allegations as "baseless", maintaining that it followed due process in awarding contracts. The post BREAKING: Osinbajo Admits Approving Oil Contracts For NNPC appeared first on Channels Television .

12 October 2017
California wildfires grew only a little overnight
Pimlott gave a county-by-county breakdown of the grim toll: 13 dead in Sonoma, six in Mendocino, and two each in Napa and Yuba. Eighty firefighters comprise the strike teams, and another eight individuals have been sent to help out in various other roles.

12 October 2017
IPG Photonics Corporation (IPGP) Holdings Boosted by Flinton Capital Management LLC
Finally, United Services Automobile Association increased its stake in IPG Photonics Corporation by 29.7% during the 1st quarter. With 6,000 avg volume, 13 days are for Lifeway Foods Incorporated (NASDAQ:LWAY)'s short sellers to cover LWAY's short positions.

12 October 2017
McLaren creates two bespoke MSO R supercars
There are some bespoke touches on the instrument cluster that show the MSO R logo, along with a plaque in the door of each auto . One very lucky customer will soon be taking delivery of two unique McLaren models , dubbed the MSO R Coupe and Spider.