Karnataka cabinet hikes govt bus fares by 15%, effective from Jan 5

Quick Summary:

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 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 Karnataka cabinet on Thursday decided to increase the bus fares in the state-owned transport corporations by 15 per cent.

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Category: BusinessFinance

Markets: India

Topics: Bus fare H K Patil Karnataka cabinet

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Published On: 2025-01-02 @ 20:10:11 (2 days ago)

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