Accusing the Congress-led UPA at the Centre of not coming to the rescue of debt-ridden Tamil Nadu, AIADMK supremo and chief minister Jayalalithaa on Thursday announced a hike in bus fares and milk prices, and hinted that power tariff hike also could not be ruled out.
Addressing the people of the state through her party TV channel, Jaya TV, she said the state was forced to increase the bus fares and milk prices to save the loss-making public sector undertakings from becoming dysfunctional.
She said the state cabinet which met on Thursday morning, discussed in detail the present situation prevailing in the transport and electricity departments and their financial crisis along with that of the state-owned Aavin, which meets the milk needs of the public.
Considering that the Centre was adopting step-motherly attitude by not sanctioning even a single paisa to the state which was deep in financial crisis, Jayalalithaa said the bus fares were hiked from the present 28 paise per km to 42 paise in mofussil areas and that of express and semi-deluxe buses from 32 p to 56 p.
She said the fares of super-deluxe and Volvo buses were hiked from 38 p to 60 p and that of Ultra-deluxe suburban buses from 52 p to 70 p.
She said the cabinet had also decided to hike the minimum bus fares in metros other than Chennai from Rs two to three and the maximum from Rs seven to 12.