Mumbai Auto-Rickshaw, Taxi Fares Up by Rs 3 Starting Today

Mumbai Auto-Rickshaw and Taxi Fares Increase Starting February 1st

Breaking news for Mumbai commuters! The transport authority has announced a fare hike for CNG-run auto-rickshaws and black-and-yellow taxis, effective February 1st. This latest update impacts the daily commute of millions in Mumbai and its surrounding metropolitan region. The increase is Rs 3 for the basic fare.

Auto-rickshaw fares will jump from Rs 23 to Rs 26, while black-and-yellow taxis will see a rise from Rs 28 to Rs 31. For air-conditioned cabs, the starting fare for the first 1.5 kilometers will increase from Rs 40 to Rs 48. These revised fares were approved during a Thursday meeting of the Mumbai Metropolitan Region Transport Authority (MMRTA).

This fare adjustment is based on a formula developed by the BC Khatua panel, adopted by the Maharashtra government in March 2020. The formula considers factors such as average vehicle price, consumer price index, and vehicle loan interest rates. This latest revision comes after a gap of more than two years, with the previous fare adjustment occurring in September 2022. The MMRTA, chaired by transport secretary Sanjay Sethi, oversaw this decision.

Important Note for Drivers and Passengers

The new fares will only be applicable once taxi and auto-rickshaw meters are recalibrated to reflect the updated rates. The MMRTA has given drivers a three-month window, from February 1st to April 30th, 2025, to complete this recalibration. Until the meters are updated, the old fare rates will remain in effect. It's crucial for passengers to ensure the auto-rickshaw or taxi driver has adjusted their meter to the new rates before commencing their journey.

The MMRTA meeting also approved some new shared taxi and auto-rickshaw stands, further shaping the city's transportation landscape. This news is significant for the business of transportation in Mumbai and is likely to affect daily business operations for many individuals. The latest updates affect the local market and will influence commuters' transportation budgets. The transport authority will monitor the impact of the fare hike and the recalibration process.

Additional updates on traffic restrictions in the Bandra Kurla Complex until April 20th can be found in separate reports. This news is important for anyone traveling in the region and planning their commute.

The overall impact of this fare revision on the Mumbai market and the daily lives of its citizens remains to be seen, and the coming months will provide further analysis of its effects. Stay tuned for more business news updates.

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