Bengaluru Metro Ridership Declines After Fare Hike: BMRCL
The fare hike, which reached nearly 100 per cent in some sections, was accompanied by an additional 5 per cent surcharge during peak hours. Despite the increase, the expected rise in revenue has not materialised, with earnings remaining the same or lower than before the fare revision on February 9.
Following public outcry and intervention from Chief Minister Siddaramaiah, the BMRCL adjusted the fare hike by capping it at a 71 per cent increase instead of over 100 per cent in certain sections. This recalibration aimed to mitigate the impact on commuters and address concerns over accessibility and affordability.
The BMRCL has scheduled a review meeting on March 1 to assess the impact of the fare hike and discuss potential adjustments. The reduction in ridership has raised concerns about the long-term implications of the fare revision, particularly regarding public transportation usage in the city. Political leaders have also weighed in on the issue, attributing the decline in metro users to the fare hike. Reports indicate that the increase in fares has led to a cumulative loss of 6.26 lakh passengers since its implementation.
The upcoming review meeting is expected to address these concerns and evaluate whether further modifications to the fare structure are necessary to balance revenue generation with maintaining ridership levels.
News source: Zee Business