Ministers tweets about Delhi Metro

A tweet from chief minister  Arvind Kejriwal, however, indicated that the political slam over the fare increase is not yet over. "Of 16, the Delhi government has five directors who oppose it, but the center is adamant." Walk too steep, the center should be more considerate to the common man, "tweeted Kejriwal. One official, meanwhile, quoted the meetings of the DMRC Board on Monday as saying, "The Board noted that it has no authority to delay the implementation of the FFC's recommendations." Government of Delhi Nominations to the Board , including chief secretary MM Kutty, told the board that the chief minister wanted the postponement of the postponement and set up a new FFC to examine various aspects of price fixing. " The official added that the board meeting, convened at the behest of Minister of Housing and Urban Development Hardeep Singh Puri, had discussed all the issues and informed them of the FCC's recommendations under Section 37 of the Metro Railway's Operation and Maintenance Act 2002 was binding on the subway authorities. TOI has learned that city secretary Durga Shanker Mishra, who is also chair of the DMRC, told DMRC CEO Mangu Singh on Monday that it was not necessary to convene a board meeting. But Puri intervened and suggested that the secretary convene a special session, as CM Arvind Kejriwal had urged in his letter to the Union Minister to overcome the deadlock.

At his suggestion, Singh wrote to the ministry: "I agree that the board has no authority to change the recommendations of the Pricing Committee, but the representatives of the state government have asked to discuss the issue on the board I ask you to rethink the decision and hold the board meeting up for discussion today. "

Mishra agreed and late in the evening an emergency meeting was called.

Although government officials said that the board's decision should end the controversy, there is little chance of an early end to the political blame game.

The Delhi government had previously called the Metro fare increase "anti-people" and ordered the MDRC Board to delay its implementation until the government investigated the matter and reviewed how the tariffs were decided.

Noting that the hike was likely to hit 30 lakh daily metro commuters, the city government had given its instruction to the DMRC to put the hike on hold and said it was "in the interest of the people".

According to the DMRC, the capital-intensive construction of the metro network was possible through a low-interest loan from the Japan International Cooperation Agency (JICA), which he repaid in installments. As a result, all revenue from the fare lists and other sources will be invested in the repayment of the loan. "As of March 31, the outstanding JICA loan amounts to Rs.26,760.28 billion, along with interest," said a DMRC spokesman. "The operating profit per day that DMRC earns for fiscal 2016/17 is Rs 1.58 billion," he said.

The spokesman said to date that the total repayment of DMRC against the JICA loan was Rs 3,770.79 crore, of which the interest paid was Rs 2,263.67 crore and the amount paid Rs was 1,507.12 crore.