BMTC fares to go up 1518 this week

  • | Monday | 10th September, 2018

"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.

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%. "Transport corporations are demanding 18% increase, but we want to trim it by 1-2%. 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% 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. “There is no question of waiting for a day or two to implement it as corporations are incurring huge loss every day due to diesel price revision,” an officer said.With diesel rate at an alltime high, the minimum fare is expected to be increased by Re 1 to Rs 3. 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. People have been made scapegoat,” said Vijaya Kumar, a resident.

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