Hyderabad: With the aim of making the Telangana State Road Transport Corporation (TSRTC) a for-profit organization, several measures have recently been adopted. One is to increase bus fares as well.
Telangana Prime Minister K. Chandrashekhar Rao also called for a proposal from the corporation’s management for raising bus fares.
In this regard, the TSRTC submitted a proposal to the GMO. A decision in this effect will probably be taken at the next cabinet meeting.
The proposal to increase the tariffs has been suspended for a month due to the Huzurabad adjustments.
It should be noted that the bus fares were increased by 20 paise in December 2019 after a strike by the RTC Union. It imposed an annual burden of Rs.550 crores on the public. The price of diesel was then Rs.68 per liter while it now stands at Rs.105 per liter.
The TSRTC bus fares can be increased by 15-30 paise per km.
Source: The Siasat Daily