BENGALURU: Bengaluru South MP Tejasvi Surya today raised serious concerns regarding the exorbitant fare hike implemented by the Bengaluru Metro Rail Corporation Limited (BMRCL).
During a review meeting held earlier today, Surya pointed out a major calculation error made by BMRCL in determining the base year for maintenance and administrative costs, which forms the foundation of the Fare Fixation Committee’s report.
He pointed out that instead of considering the Maintenance and Administration cost of 2017-18, the BMRCL, while requesting a hike before the FFC, calculated the M&A Cost pertaining to 2016-17.
This incorrect computation has led to an unjustified increase in fares, resulting in commuters paying an estimated Rs 150 crore in excess since the fare revision.
He also pointed out t

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