RTC Fare Hike Ruled Out

Abdul Khayyum Khan, managing director, AP State Road Transport Corporation (APSRTC) on Sunday, said that bus fares will not be hiked despite the additional financial burden being borne by the Corporation because of the hike in diesel prices. Addressing a gathering of retired officials of the Corporation here, he said that the new decision of the Union Minister of Petroleum had deprived the Corporation – a bulk diesel consumer of subsidised fuel.

apsrtc bus

The Corporation had been operating more than 23,000 buses and it was consuming over 65 crore litres of diesel every year. AK Khan said that the Corporation, which comes under the category of “bulk user”, will have an additional burden of near Rs 714 crore every year because of the hike.

-Hans India


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