New Delhi, Oct 7: To avert the fare hike in Delhi metro, set to be implemented next week, the state government should agree to pay Rs 3,000 crore for the next five years, Union Housing and Urban Affairs Minister Hardeep Singh Puri reportedly informed the Chief Minister’s Office.

Puri wrote a letter addressed to CM Arvind Kejriwal, after the latter opposed the fare revision of Metro, calling the move “anti-people”.

Puri said that Centre cannot legally chalk off the fare hike in Delhi Metro as proposed by fare fixation committee (FFC), the panel set up to review the ticket price.

In order to compensate the Delhi Metro Rail Corporation (DMRC) for the losses to be incurred due to non-revision of the fares, the state government should agree to deposit an annual sum of Rs 3,000 crores for the next five years, the Union Minister was reported as saying.

“In case the State Government agrees to provide grants-in-aid of nearly Rs 3,000 crore per annum to DMRC, then another FFC may be constituted, which may also examine the financial viability of DMRC,” said Puri in the letter accessed by HT.

The Delhi government led by Aam Aadmi Party is yet to respond to Puri’s letter. Sources within the Kejriwal regime claim that the Chief Minister is likely to hit out at Centre over the proposal.

The Metro fare hike, expected to be implemented by DMRC next week, will hike the minimum ticket price to Rs 30, whereas, the maximum fare would go as high as Rs 50. For travelling more than 2 km, the passenger’s ticket price is expected to increase by Rs 5-10. The move will adversely impact 27 lakh commuters of Delhi Metro.