Vinit Wahi
Delhi Chief Minister Arvind Kejriwal Monday offered to take over the DMRC to make it more efficient and said his government was ready to provide half the funds needed to meet the gap in its finances for three months.
In a letter to Union Housing and Urban Affairs Minister Hardeep Singh Puri, Kejriwal said the Centre bore the entire loss of Kolkata Metro and there should be no difficulty if it provided half the funds in the case of Delhi.
Puri had on Friday told the Delhi government it would need to pay Rs 3,000 crore annually for five years if it wanted to stop the metro fare hike.
The Fare Fixation Committee recommended fare hike will come into effect on October 10. This is a second fare hike in seven months.