TSRTC hikes fares from Monday midnight; expected to fetch Rs 750 crore annually

Highlights

  • Minimum fare at Rs 10 for ordinary buses, Rs 15 for express busses
  • bus fare rise for second time in Telangana

Hyderabad: Telangana State Road Transport Corporation (TSRTC) has increased bus fare for all services, including student passes. The fare hike is 20 paise per kilometre and effective from Monday (December 2, 2019) midnight. The Telangana Chief Minister K Chandrasekhar Rao said the fare hike was inevitable for TSRTC to stay afloat in the present transport market. The TSRTC is expecting additional revenue of Rs 750 crore per annum by way of fare hike and will ease out the loss burden on the transport corporation.

TSRTC management will feed TIM devices with new fares. The minimum bus fare in Greater Hyderabad will be Rs 10 while rounding charge would remain at Rs 5. Minimum ordinary bus charge has been doubled to Rs 10 and maximum fare to Rs 35 from Rs 30.

Metro express minimum price remained at the previous level of Rs 10, but maximum fare increased to Rs 35 from Rs 30. Metro Deluxe minimum price hiked to Rs 15 from Rs 10. Maximum bus fare increased to Rs 45 from Rs 30.

The Chief Minister took the decision on bus fare hike after three days of calling off the 52- day strike by employees. The 49,000 TSRTC employees began a strike on October 5 and called it off on November 25. Nevertheless, TSRTC management didn’t allow employees to resume their duty for three days as the state government was waiting for orders from the Labour Court. Meanwhile, the Telangana Cabinet took a decision on Thursday evening to allow employees from Friday 6 am onwards.

During the strike period, the Chief Minister requested striking employees to call the strike off and report to duty. Mere 1,500 employees joined duty following KCR’s appeal.

Since the Centre has 31 per cent stake in TSRTC, the TRS government has asked the central government to extend funding support of Rs 22,000 crore to the ailing TSRTC.

Newsmeter Network

Newsmeter Network

An independent digital media platform that brings you credible news stories and Analysis of current affairs as they unfold.

Leave a Reply

Your email address will not be published. Required fields are marked *