With the completion of the bypoll, the TRS government’s decision of hiking the RTC bus fares is now likely to be announced. “The decision has been pending for two months.
Now there is a chance that the CM KCR would announce the hike in a press conference giving the reasons to the people . Proposals have been submitted to the government by the Corporation,” an official said.
The government had first contemplated hiking the bus fare last year but deferred the decision due to Covid-19. Though the diesel prices were up by Rs 22 per litre in the last two-and-a-half years, the price is down by Rs 10 now due to the slash in excise duty by the Central government.
Burden on commuters to be Rs 1,000 crore it is reported . Though there were reports that the burden of the impending fare hike on commuters will be around Rs 1,000 crore, sources did not confirm the same.
The government will announce the increase in bus fares. The hike will be around 15 paise to 30 paise per km. But, the government may spare the city buses and ordinary buses plying in rural areas.
The hike will be higher in luxury and premium apart from the sleeper and long-distance buses. It is a matter of time a day or two.
