Date of Post: 03 Aug, 2018
New Delhi: The Delhi Metro’s revenues increased by more than 73% in the last 4 years, the Rajya Sabha was informed on Thursday. The DMRC (Delhi Metro Rail Corporation) was shown to have earned Rs 1,505.84 crore, Rs 1,649.19 crore, Rs 1,765.38 crore, and Rs 2,612.80 crore, in 4 years from 2014 to 2018, in a written reply given by Union Urban Affairs Minister Hardeep Puri.
- As the figures show, the DMRC’s revenue rose by 73.55% in these 4 years, and nearly 50% of it was earned by the transporter between year 2016-2017 and 2017-2018.
- The major jump in the revenue was in 2017, when the DMRC doubled the fare, and also when major expansion was done in the metro network under Phase-3 in the form of sections of Pink Line, Magenta Line, Violent Line and Green Line.
- The average daily ridership in the Delhi Metro is 26 lakh, Puri told the House.
- DMRC’s 150 km expansion stipulated in Phase-3 will be completed by 2020, of which 98 km has been made operational so far, in another reply, he told the House.
- Puri said,”Out of total 150 km, 98 km has been made operational, another 49 km will be commissioned by June 2019 and the rest 3 km by December 2020.”
- The 8.53 km-long Pink Line stretch between Durgabhai Deshmukh South Campus station to Lajpat Nagar will be opened for public on August 6, according to the DMRC.
- Another section of the Line – from Majlis Park to Durgabai Deshmukh South Campus (21.565 km) – was started in March this year.
Image Credit: DMRC
Narinder Sharma is a part of the content team of Rail Analysis India as a writer and marketing executive.
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