Delhi Transport Corporation hikes bus fares

New Delhi, Oct 26 (ANI): The Delhi Transport Corporation (DTC) on Monday decided to hike bus fares.

"The fares have been increased for a period of seven years. This has been done with a view to provide better transport facilities for Delhiites," said Chief Minister Sheila Dikshit.

After the State Cabinet meeting, Delhi Transport Minister Arvinder Singh Lovely said: "The NCT Government would earn Rs 400 crore yearly revenue after this increase is effected."

The hike would be effective with immediate effect.

The minimum fare of Rs 3 for upto four kilometres has been increased to Rs 5, while the Rs 7 and Rs 10 tickets have been increased to Rs 10 and 15 respectively.

The students' pass which was of Rs 12.50 has been increased to Rs 100.

The fare of general pass has been increased from Rs 400 to 800.

The prices of senior citizen's pass and press have not changed. (ANI)