Karnataka: BMTC, KSRTC Bus Fares To Be Hiked By 15-18 Per CentImage for representation only. (@bmtc_bengaluru/twitter)

State-run transport corporations such as the Karnataka State Road Transport Corporation (KSRTC) and Bangalore Metropolitan Transport Corporation (BMTC) have called for a 20 per cent hike in bus fares, owing to everyday losses due to the increase in diesel prices.

Keeping passengers’ interests in mind, the bodies have agreed to come down to 18 per cent as a demand for the hike in bus fares. However, the Government of Karnataka might even reduce the percentage by 2-3 points further below, keeping it between 15-18 per cent.

Speaking to the Times of India, Transport Minister of Karnataka DC Thamanna said “Transport corporations are demanding 18 per cent increase, but we want to trim it by 1-2 per cent. Today, too, diesel price has increased. Tomorrow, prices could go up further. If this happens, we will be left with no option other than approving an 18% per cent increase,” he quoted saying that the Chief Minister’s approval is pending in the next couple of days.

Some officials say that Chief Minister Kumaraswamy has agreed to the demands, and the approval process is likely to be concluded in the next 2-3 days. The state-run transport corporations admit that it is very difficult to run the services with the current prices for even a day, since they’re facing huge losses, due to the diesel price revision. A minimum of 1-3 rupees will be increased as a result of the hike.

An Appeal...

Dear Reader,

As you are no doubt aware, Swarajya is a media product that is directly dependent on support from its readers in the form of subscriptions. We do not have the muscle and backing of a large media conglomerate nor are we playing for the large advertisement sweep-stake.

Our business model is you and your subscription. And in challenging times like these, we need your support now more than ever.

We deliver over 10 - 15 high quality articles with expert insights and views. From 7AM in the morning to 10PM late night we operate to ensure you, the reader, get to see what is just right.

Becoming a Patron or a subscriber for as little as Rs 1200/year is the best way you can support our efforts.

Become A Patron
Become A Subscriber
Advertisement