"We will be convening a meeting to decide whether to reduce fares of the state road transport corporations following the reduction of diesel price," Transport Minister Ramalinga Reddy told reporters here.
The Karnataka State Road Transport Corporation, the North-West Karnataka Road Transport Corporation and North-East Karnataka Road Transport Corporation had hiked the fares by 7.96 per cent from May 4 this year.
The Bangalore Metropolitan Transport Corporation, on the other hand, had increased the fares by an average of 15 per cent from April this year.
The BJP activists said despite the NDA government reducing diesel price, the fares of the state road transport corporations and even private buses have not been reduced.
Students are feeling the pinch due to high bus fares, they said.