Karnataka Proposes 15-20% Bus Fare Hike Due to Rs 295 Crore Loss from Shakti Scheme

Jul 15, 2024, 01:57 AM

The Karnataka State Road Transport Corporation (KSRTC) has proposed a 15-20% increase in bus fares. This proposal comes in response to significant financial losses incurred due to the Shakti scheme, which provides free bus rides for women. The KSRTC chief attributed these losses, amounting to Rs 295 crore, to the implementation of the scheme and the Congress scheme. Additionally, the state government is contemplating this fare hike following recent increases in petrol and diesel prices. The proposal has been placed before the authorities for consideration.