Monday, November 29, 1999

Auto, taxi fares likely to go up

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New Delhi, June 17 (PTI) Get ready to shell out more for travelling in auto or taxi. With increase in prices of Compressed Natural Gas (CNG), there may be 35 to 40 per cent fare hike for autos and taxis in the national capital, Delhi government officials indicated today. It is not yet clear whether the government will consider any hike in bus fare. Chief Minister Sheila Dikshit, replying to a question on the issue, said government was "considering all options." The officials said an expert commitee, appointed last month to examine impact of the hike in price of natural gas on CNG-run bus transport, autos and taxis in the city, has suggested three proposals for hiking the fare. "The report of the committee will be examined by the cabinet on Monday which will take a final decision on the matter," they said. Autorickshaw unions have long been demanding a "resonable hike" in fare following increase in gas prices. Indraprastha Gas Ltd (IGL) had yesterday hiked CNG prices in the city by over 25 per cent. CNG rates in Delhi has gone up by Rs 5.60 per kg - from Rs 21.90 to Rs 27.50 per kg. The new rates came into effect from midnight last night. The hike was necessitated because of the Centre''s decision to raise natural gas prices from Rs 3.2 per cubic meter to Rs 7.5 per cubic meter (USD 4.2 per million British thermal unit).

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