However, the commuters will have to continue paying the additional charges for at least six months till the new panel submits its report.
"I have constantly been receiving complaints that the fare hike was not required and it will put a extra burden on the common man. After studying basic facts, I realised that autorickshaw and taxi fares have been increased by 50 per cent in the last 5 years, but there has not been a corresponding increase in the salaries of the working middle class," Raote told reporters here.
"There seems to be discrepancies in the factors that the Hakim panel takes into account while deciding fare hikes. Thus, I have decided to constitute a new three-member committee consisting of a former high court justice, a finance expert and a former transport commissioner to reconsider the fare hike," Raote said.
"The new fares will come into effect anyway after about two months when the autorickshaw and taxis recalibrate their meters. Thus, commuters will not have to bear the burden for a long time," the minister said.
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