For a better experience, Read this story in our App
TO ENJOY ADDITIONAL BENEFITS
Connect With Us
Get BusinessLine apps on
H.K. Patil, Minister of Law, Parliamentary affairs and Legislation of Karnataka
The Karnataka cabinet on Thursday approved a 15 per cent fare hike in four state-run bus corporations, effective January 5. According to H.K. Patil, Minister for Law and Parliamentary Affairs, the increase was attributed to rising operational costs.
The hike is expected to generate an additional revenue of ₹74.85 crore per month for the Karnataka State Road Transport Corporation (KSRTC), Bengaluru Metropolitan Transport Corporation (BMTC), North West Karnataka Road Transport Corporation (NWKRTC), and Kalyana Karnataka Road Transport Corporation (KKRTC).
Patil described the revision as essential. Speaking to the media after the cabinet meeting, he explained, “BMTC fares were last revised in 2015, when diesel prices were ₹60.90 per litre. The four corporations cumulatively had a daily diesel expenditure of ₹9.16 crore, which has now increased to ₹13.2 crore. Similarly, daily staff salaries across these corporations have grown from ₹12.95 crore to ₹18.36 crore.”
Patil also noted that the ‘Shakti’ scheme, which offers free rides to women on state-owned non-AC buses, will remain unaffected. He added, “Despite the fare increase, Karnataka’s bus fares will continue to be lower than those in Andhra Pradesh, Telangana, and Maharashtra.”
(With inputs from PTI)
Published on January 2, 2025
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.