Sources in the ministry have told India Today that the fares in two slabs - 5-12 km and 12-21 km travel - may be reduced by Rs 5 each.
The Union Urban Development Ministry is considering reducing the Delhi Metro fares, which have already seen two hikes in the last five months.
Sources in the ministry have told India Today that the fares in two slabs - 5-12 km and 12-21 km travel - may be reduced by Rs 5 each.
While the fares in the 5-12 km increased from Rs 20 to Rs 30 on Monday, the 12-21 km slab had witnessed a hike of Rs 10 from Rs 30 to Rs 40.
The Urban Development Ministry is likely to ask the price fixation committee of the Delhi Metro Rail Corporation to consider the proposed fares.
The DMRC may also come with new fare schemes for children and senior citizens, the sources added.
The rise in Delhi Metro fares had become the source of a renewed conflict between Chief Minister Arvind Kejriwal's Aam Aadmi Party (AAP) and the Centre.
The party had decided to hold a satyagraha from today in protest against the hike.
Even the Delhi BJP had called the Metro fare hike "disappointing" and accused the Kejriwal government for "keeping quiet" over the issue until the last moment.