The State Transport Authority in Maharashtra will meet after a long hiatus of 30 months Thursday and may approve the MSRTC's proposal to hike the passenger fare by 14 to 15 per cent, officials said. The Maharashtra State Road Transport Corporation had sought the hike in fare under an automatic fare revision formula (AFRF) to mitigate the daily loss of Rs 2 to 3 crore. This proposal was sent to STA for approval last year. Buses operated by MSRTC travel across the length and breadth of Maharashtra with over 55 lakh passengers travelling daily. The 15,000-bus fleet being operated by MSRTC is considered the largest in India. An official said on Wednesday that the STA, chaired by the state transport secretary, had approved a 17.17 per cent fare hike for MSRTC-operated buses under the AFRF in its last meeting in 2022, following which the existing fare structure came into force on October 26 that year. The STA is mandated to conduct at least two meetings in a year under section 60 of the
The Karnataka cabinet on Thursday decided to increase the bus fares in the state-owned transport corporations by 15 per cent. The decision was taken in view of the substantial hike in operational costs such as increase in spending on fuel prices and staff, Karnataka Law and Parliamentary Affairs Minister H K Patil said. The cabinet has decided to revise the bus fare of the four state transport corporations of Karnataka State Road Transport Corporation (KSRTC), North West Karnataka Road Transport Corporation (NWKRTC), Kalyana Karnataka Road Transport Corporation (KKRTC) and Bangalore Metropolitan Transport Corporation (BMTC) by 15 per cent, Patil said while briefing reporters here. The Minister said the decision will come into effect from January 5. According to him, the BMTC bus fares were increased on January 10, 2015 when the diesel prices were Rs 60.90 per litre. The daily diesel consumption was Rs 9.16 crore 10 years ago by the four corporations, which has now increased to Rs
Karnataka State Road Transport Corporation (KSRTC) has proposed a 15-20% bus fee hike, citing massive losses due to free travel scheme for women; government rebukes claims
Srinivas also mentioned that a proposal for 40 new Volvo buses has been submitted to the government
The former Uttar Pradesh CM said the first increase in prices of milk will eventually end up in poor people reducing the quantity of milk that they give to their children
Justifying the increase in Uttar Pradesh State Road Transport Corporation bus fares, Transport Minister Daya Shankar Singh on Tuesday assured that there would be no further hikes in the next five years. The Uttar Pradesh State Road Transport Corporation (UPSRTC) on Monday hiked fares for general buses by 25 paise per kilometre to Rs 1.30 per passenger. "There was no increase in fares for two years during the corona period... It should have been hiked earlier... The cost of diesel was Rs 60 per litre when it (the fare) was last raised and now it has gone up to Rs 90," Singh told reporters here. Many vehicles in the fleet have to be phased out after 10 years or upon completion of 11 lakh kilometres because of the National Green Tribunal, Singh said. Singh said the fare hike was important for the UPSRTC's survival. New buses have to be bought, recruitment of employees has been stopped for many years, 900 dependents of deceased employees have not yet been appointed, he added. Singh,
Private bus owners had demanded increasing the minimum fare of the general public from Rs 8 to Rs 12 and the subsequent per kilometre charge to Rs 1.10 from 90 paise
Private bus owners organisations had called the strike demanding lowering of diesel prices and an increase in fares
Recently the State Transport Undertakings in Tamil Nadu announced a hike in their fares