The ticket fares for the much-awaited Kochi Metro Rail has been finally fixed. The minimum ticket will cost Rs. 10 and commuters can travel between any two stations with this ticket. Whereas, the 25-km-long Aluva-MG Road-Pettah stretch will cost Rs. 60, which is the maximum fare. According to KMRL sources, the fares have been fixed based on the ridership projection mentioned in the detailed report prepared by the DMRC in 2011, which was later revised in 2014.
Are these fares appropriate? Will the common man think that the Metro is more economcal? Making a proper distinction is very difficult in this case because decision making in the public transport area includes some degree of uncertainty. It is therefore the responsibility of the authorities to know the factors that influence future demand for the sake of planning and making right decisions. These factors include availability, accessibility, dependability and feasibility for the public as well as the operator.
The major aim of any public transport service, including Kochi Metro, is service productivity and efficiency, both of which are closely related to the level of demand obtained by them. Other objectives also include cutting down traffic congestion, which in turn reduces environmental costs. But the most important aspect of all is making public transport viable for the public.