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Telangana raises bus fares to bail out cash-strapped RTC

On an average, the bus fares will go up by 20 paise per kilometre. The RTC is expected to net an additional revenue of ₹750 crore from the increased fares.

Published on: Dec 2, 2019, 18:28:01 IST
Hindustan Times, Hyderabad | By
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The Telangana government on Monday announced a hefty hike in the fares of state-run Road Transport Corporation (RTC) buses with effect from midnight to bail the corporation out of a deep financial crisis.

Telangana Chief Minister K. Chandrashekar Raoduring a meeting with RTC employees at Pragathi Bhavan in Hyderabad. (ANI)
Telangana Chief Minister K. Chandrashekar Raoduring a meeting with RTC employees at Pragathi Bhavan in Hyderabad. (ANI)

On an average, the bus fares will go up by 20 paise per kilometre. The RTC is expected to net an additional revenue of 750 crore from the increased fares.

According to a notification issued by the RTC, the minimum fare for an ordinary bus in Hyderabad has been increased from 5 to 10 for a distance of 8 km. The maximum bus fare has been revised from 30 to 35.

In Metro Deluxe buses, the minimum and maximum fares would be 15 and 45 respectively.

In the rural services like Palle Velugu, the minimum bus charges have been revised from 6 to 10 and the maximum fare has been hiked from 73 to 100. “The revision has been done in such a way that there is no problem of small change for passengers and the RTC,” the corporation said in a statement.

Chief minister K Chandrasekhar Rao, who held a luncheon meeting with a select group of RTC employees at his Pragati Bhavan camp office on Sunday, announced that his government would allocate 1,000 crore in the coming budget to bring the RTC out of the losses, apart from mobilising additional revenues through increasing the bus fares.

The 48,000-odd employees returned to their duties from Friday, ending their 55-day long strike. On Monday, the RTC management started crediting their salary for the month of September and announced that all the employees would also be getting their salaries for their strike period in due course.

 
ABOUT THE AUTHOR
Srinivasa Rao Apparasu

Srinivasa Rao is Senior Assistant Editor based out of Hyderabad covering developments in Andhra Pradesh and Telangana . He has over three decades of reporting experience.

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