No increase in bus ticket fare for now: Transport Minister Ramalinga Reddy

Bengaluru: There was a news that after the increase in the price of petrol and milk, the bus ticket price for common people will increase. Transport Minister Ramalinga Reddy has clarified the same and said that there is no increase in bus ticket prices for now.

Answering a question asked by the media representatives before the start of the Monsoon session at Vidhansouda , he said that Raju’s comment on the price hike was his personal opinion. He said that at present we do not have a proposal to increase the bus ticket price.

Raju Kage and KSRTC Corporation Chairman Srinivas, who spoke to the media representatives ,, spoke about the fare hike.

North Western Road Transport Corporation is in loss. The price of diesel and bus spare parts has also increased. The ticket price has not been increased for the last 10 years. We are at a loss from Shakti Yojana. However, he stated that we are conducting it.

295 crore in the last quarter is lost If the ticket price is not raised, KSRTC will not survive. KSRTC bus ticket price will be increased soon. He said that the meeting of the corporation was over and a proposal of 15 to 20 percent rate hike was put before the CM.