📷 Image: Asianet Newsable (via NewsData)
Business
Karnataka Transport Corps Seek 25% Bus Fare Hike Due to Fuel Costs
✍️ Asianet Newsable
🗓 23 Jun 2026, 10:31 AM
👁 33
Karnataka State Road Transport Corporation (KSRTC) and Bangalore Metropolitan Transport Corporation (BMTC) have proposed a 25% increase in bus fares.
Karnataka's state-run bus operators, KSRTC and BMTC, are advocating for a significant 25% surge in ticket prices. This proposal comes as a direct response to the escalating costs of diesel, a primary fuel for their extensive fleet.
The transport corporations have highlighted substantial financial strain, citing mounting losses directly attributable to the recent hikes in fuel expenses. The increased operational costs have put considerable pressure on their budgets, necessitating a review of current fare structures.
This move aims to offset the financial burden incurred by the rising diesel prices, ensuring the continued operation and financial stability of the public transport services across the state.
The transport corporations have highlighted substantial financial strain, citing mounting losses directly attributable to the recent hikes in fuel expenses. The increased operational costs have put considerable pressure on their budgets, necessitating a review of current fare structures.
This move aims to offset the financial burden incurred by the rising diesel prices, ensuring the continued operation and financial stability of the public transport services across the state.