Bengaluru Metro fares surge, revenue gets 'booster dose' but ridership drops
1 month, 2 weeks ago

Bengaluru Metro fares surge, revenue gets 'booster dose' but ridership drops

India Today  

The recent 47 per cent increase in Bengaluru Metro fares from February 9 has provided a much-needed financial boost to BMRCL, but at the cost of declining ridership. Before the fare revision, Bengaluru Metro generated around Rs 2 crore daily from operations. With annual losses ranging between Rs 400-500 crore due to high operational costs, Bengaluru Metro has been in a financial crunch. Bengaluru Metro, which typically records 8.5-9 lakh daily passengers, has seen a reduction of 20,000 to 30,000 commuters per day.

History of this topic

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