Stock Advisory in Indore, Delhi Metro raises fares by up to 100%

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Fares on the city’s metro rail to be increased in two phases, starting Wednesday. 

The base fare has been increased to Rs 10, from Rs 8. The maximum fare would increase to Rs 60 from October 1, when the second phase of the increase would come into effect. The maximum fare would be Rs 50 in the first phase from the existing Rs 30.

“There will be a total of six fare slabs, against the existing 15, with a minimum fare of Rs 10 and a maximum fare of Rs 50 in phase-I,” Delhi Metro said.

To encourage ridership on Sundays and national holidays, discounted fares have been approved. Metro spokesperson Anuj Dayal said there would be a discount of around Rs 10 across slabs on Sundays and national holidays (January 26, August 15 and October 2).

The prevailing 10 per cent discount on every journey made by a passenger using a Smart Card would be continued. “To avoid overcrowding during peak hours, an additional 10 percent discount will be given to passengers using Smart Cards who exit from the Metro system during off-peak hours