Delhi Metro fares has been hiked,to be effective from May 10

Delhi metro fares hike to 66 %,was approved by the Delhi Metro Rail Corporation (DMRC) on Monday. The minimum and maximum fares will be Rs 10 and Rs 30. The fare will most likely be effective from Wednesday.

To simplify the fare structure, the panel recommended ticket pricing to be in Rs 10, Rs 15, Rs 20, Rs 30, Rs 40 and Rs 50 format. "The fare revision has been long overdue and we have been demanding it.

There are increasing operational costs like salaries and DA of employees," a DMRC official had said when the hike was first proposed in September 2016.

The official had also said that the Metro's operating ratio cost to savings and profit  had fallen to 50% of what it was in 2002.

The panel was headed by the Urban Development Secretary Rajiv Gauba. A hike was last approved in 2009 when the minimum and maximum fares were increased from Rs 6 and Rs 22 to Rs 8 and Rs 30 respectively.