Bengaluru Metro Ridership Declines After Fare Hike: BMRCL
RAILWAYS & METRO RAIL

Bengaluru Metro Ridership Declines After Fare Hike: BMRCL

Metro train ridership in Bengaluru has seen a significant decline following a substantial fare hike implemented by the Bangalore Metro Rail Corporation (BMRCL) on February 8. Prior to the increase, approximately 8.5 lakh passengers used the metro daily. However, ten days after the hike, the number of daily commuters dropped to 6.3 lakh, indicating a loss of around 2.3 lakh passengers.

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

Metro train ridership in Bengaluru has seen a significant decline following a substantial fare hike implemented by the Bangalore Metro Rail Corporation (BMRCL) on February 8. Prior to the increase, approximately 8.5 lakh passengers used the metro daily. However, ten days after the hike, the number of daily commuters dropped to 6.3 lakh, indicating a loss of around 2.3 lakh passengers. 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

Next Story
Infrastructure Energy

Samridh, CEID Launch High-Capacity Biogas Plant in Moradabad

Samridh Bioenergy has broken ground on a 12 TPD compressed biogas (CBG) plant in Moradabad, Uttar Pradesh, under the MNRE’s National Bioenergy Programme. Spread across 12 acres, the plant will process 270 tonne of organic waste daily and generate 30,000 cubic metre of biogas per day.CEID Consultants and Engineering Pvt Ltd has been appointed as the EPC contractor, responsible for the complete design, procurement, and construction of the plant. Equipped with four multi-feed digesters, the facility will accept a mix of press mud, cow dung, chicken litter, and vegetable waste, supporting contin..

Next Story
Real Estate

Delhi Micro-Markets Drive Up Housing Prices: Grihum Study

A new study by Grihum Housing Finance reveals that the rise of micro-markets across Delhi-NCR is fuelling real estate price appreciation, especially in the affordable housing segment. Key drivers include renewed post-pandemic interest, migration trends, and government schemes like PMAY.According to the study, over the past two decades, floor rates have risen 267 per cent, from Rs 1,500 per sq ft in 2005 to Rs 5,500 in 2024. In the same period, land rates surged 492 per cent, from Rs 1,300 to Rs 7,700 per sq ft. The sharp increase highlights strong capital appreciation in Delhi’s emerging loc..

Next Story
Resources

Covestro Develops PCR Polycarbonates from End-of-Life Headlamps

Materials manufacturer Covestro has launched post-consumer recycled (PCR) polycarbonates made from end-of-life automotive headlamps, in a move aimed at strengthening circularity in the auto industry. These TÜV Rheinland-certified grades, containing 50 per cent recycled content, are now commercially available for new automotive applications.Developed under a joint programme led by GIZ, with Volkswagen and NIO as key partners, the recycled material is currently being validated for use in future vehicle models.""This new line of polycarbonate represents a significant step in supporting the autom..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?