Notably, the Delhi Metro Rail Corporation hiked the fare of Delhi Metro services on Monday to reportedly meet the input costs and to keep providing world class services to the passengers.
Delhi Congress chief Ajay Maken launched the "Save Metro Rath" today that will start from Akshardham station in east Delhi.
The party has modified a bus as a "Save Metro Rath".
Blaming the Delhi Government for missing the deadline for Phase-IV of the Metro project, Maken said "The DPR for Phase-IV was submitted to the Governments in 2014-15, but the Delhi Cabinet did not approve the financial proposal in time", he said.
The new fare that became effective earlier this month was the second hike this year.
See the final Stranger Things 2 trailer on Friday the 13th
However, the Duffer Brothers, writers of " Stranger Things ", have warned fans that the titles may still change. He explained that the monster would be "tied into this shape that Will sees in the sky".
CAPROCK Group Inc. Sells 1933 Shares of Walt Disney Company (The) (DIS)
Bedrijfstakpensioenfonds Voor De Media Pno sold 50,500 shares as the company's stock declined 2.31% while stock markets rallied. The entertainment giant reported $1.50 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $1.45 by $0.05.
Wells Fargo & Company (WFC) Stock Rating Upgraded by Zacks Investment Research
Finally, Patriot Financial Group Insurance Agency LLC boosted its holdings in Wells Fargo & by 0.3% during the 2nd quarter. Average Revenue Estimate for the current quarter is $22.52 Billion, according to consensus forecast of 22 analysts.
The decision of hike in metro fare was taken by the three-member Fare Fixation Committee (FFC) which was formed previous year with one representative from the Centre and the Delhi government each and the third, a retired high court judge. (File) The equal partnership in the Delhi Metro between the Delhi government and the Centre is a "facade" meant for obtaining "large contributions of funding" from the Delhi government, said CM Arvind Kejriwal in his letter to MoS Housing and Urban Affairs Hardeep Singh Puri, urging the formation of an "independent expert group", acceptable to both the Centre and the state. "Why KK Sharma, being a representative of the Delhi Government, did not object to the decision to raise the metro fares in the Fare Fixation Committee meeting", he asked?", he said.
The survey found that around 97 per cent women said that they want a rollback in the fare.
Union Urban Development Minister Hardeep Singh Puri told the Delhi Government that it would need to pay Rs3, 000 crore annually for five years if it wanted to stop the metro fare hike.
The hikes are being done in an effort to make the Metro operations viable. The revised fare structure is: up to 2 km - Rs 10, 2 to 5 km - Rs 20, 5 to 12 km - Rs 30, 12 to 21 km - Rs 40, 21 to 32 km - Rs 50 and for journeys beyond 32 km - Rs 60.