Summary:
"Transport corporations are demanding 18% increase, but we want to trim it by 1-2%. Today, too, diesel price has increased. MYSURU/BENGALURU: All state-run transport corporations, including the Karnataka State Road Transport Corporation and Bengaluru Metropolitan Transport Corporation, will increase ticket fares in the next couple of days.Transport minister DC Thammanna confirmed to TOI fares will be revised between 15% and 18%. All corporations wanted 20% hike in bus fares, but pared it to 18% in the interests of passengers.“To implement popular schemes like farm loan waiver, tax burden on petrol products was hiked. If this happens, we will be left with no option other than approving an 18% increase," he said, adding they were expecting the CM's approval in two days.Transport department sources said the day the CM approves the hike, all transport corporations will increase fares that midnight..