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Bus fares need to be hiked, officials tell CM
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‘TSRTC bogged down by diesel price increase and accumulated losses’
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‘TSRTC bogged down by diesel price increase and accumulated losses’
Chief Minister K. Chandrasekhar Rao was informed by officials at a meeting on Thursday that there was no way that the State road transport corporation could be bailed out of its financial crisis unless bus charges were hiked and the State government infused assistance to the corporation in a big way.
Lockdown effect
The officials brought to the notice of Mr. Rao that the RTC continued to reel under losses due to a steep increase in diesel prices, buses going off roads due to COVID-19 induced lockdown and accumulated losses of the corporation. The financial burden would increase further if the salaries of crew were increased. When the bus charges were increased the last time, the diesel price was ₹ 67 a litre. Within a short t ....

K Chandrasekhar Rao , Chief Minister , Andhra Pradesh , Bus Fares Increase , Officials Recommendation , கே சந்திரசேகர் ராவ் , தலைமை அமைச்சர் , ஆந்திரா பிரதேஷ் , பேருந்து கட்டணங்கள் அதிகரி , அதிகாரிகள் பரிந்துரை ,