Govt bus fares set for revision in Karnataka amid rising losses
Bengaluru, Sept. 4 -- Commuters using Karnataka's government-run buses may have to pay more soon, with the state government considering a revision of ticket fares to offset rising operating costs and losses suffered by the four transport corporations.
Transport Minister B Suresh said fuel prices had increased over the past eight months, but the government had not revised bus fares during the period. As a result, the transport corporations have accumulated losses running into thousands of crores of rupees.
Proposed revision to consider financial burden of passengers
A committee headed by retired senior Indian Administrative Service (IAS) officer Atul Tiwari has been examining the issue and is expected to submit its recommendations to th...
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