The Namma Metro in Bengaluru is set to witness a steep hike in ticket prices. The Bangalore Metro Rail Corporation Limited (BMRCL) has approved a whopping 40-45% hike in fares.
As such, the maximum fare could reach as high as ₹85, up from ₹60. This decision is likely to add to the financial woes of the daily commuters.
According to reports, the base price will mostly remain unchanged. However, the rise in ticket prices will affect long-distance commuters.
Metro Train Ticket Price Hike :ಪ್ರಯಾಣ ದರ ಏರಿಕೆಗೆ BMRCL ಗ್ರೀನ್ ಸಿಗ್ನಲ್ | BMRCL | Namma Metro
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The Bangalore Metro Rail Corporation Limited (BMRCL) is a joint venture of the Government of India and the Karnataka State government.
BMRCL generates a revenue of ₹2 crore daily. With a 40% increase in ticket prices, it is eyeing to generate an additional ₹80 lakhs or more. The last fare revision took place in June 2017.
The Namma metro has the second largest network, just behind the Delhi metro.
