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Mumbai (The Hindu): The Bombay High Court on Tuesday stayed the fare hike for Mumbai Metro till June 20.
A division bench of Chief Justice Mohit Shah and Justice M.S. Sonak was hearing a petition filed by Mumbai Metropolitan Region Development Authority (MMRDA), and an intervention application filed by Congress leader Sanjay Nirupam challenging the fare hike.
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Mr Nirupam, in his petition, had alleged that the Central government was facilitating private profiteering by allowing multiple fare hikes. He demanded that hike should be allowed only once every four years, as envisaged in the agreement between MMRDA and Reliance Mumbai Metro One Private Limited (MMOPL).
After the metro operator declared proposed initial fare structure, MMRDA, a stake holder in MMOPL, approached the High Court insisting the fares should be Rs. 9-11-13, as provided in the Concession Agreement signed by MMOPL in March 2007. The authority contended that as per stipulations of the agreement, the fares should be Rs 9 for the first two kilometres, Rs. 11 for 2-5 km and Rs. 13 for 5-8 km.
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