Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek
  • Home
  • Nation
  • Politics
  • Economy
  • Sports
  • Entertainment
  • International
  • Technology
  • Auto News
Reading: Karnataka Announces 15% Fare Increase for Four State-Run Transport Corporations
Share
Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeekBreaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek
Search
  • Home
  • Nation
  • Politics
  • Economy
  • Sports
  • Entertainment
  • International
  • Technology
  • Auto News
© 2024 All Rights Reserved | Powered by India News Week
Karnataka to implement 15% fare hike across four-state-run transport corporations
Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek > Nation > Karnataka Announces 15% Fare Increase for Four State-Run Transport Corporations
Nation

Karnataka Announces 15% Fare Increase for Four State-Run Transport Corporations

January 2, 2025 1 Min Read
Share
SHARE

The Karnataka government has announced a 15% increase in bus fares for its four state-run transport corporations, set to take effect on January 5. H.K. Patil, the Minister for Law and Parliamentary Affairs, attributed this decision to escalating operational costs.

This fare hike is projected to boost monthly revenue by approximately ₹74.85 crore for the Karnataka State Road Transport Corporation (KSRTC), Bengaluru Metropolitan Transport Corporation (BMTC), North West Karnataka Road Transport Corporation (NWKRTC), and Kalyana Karnataka Road Transport Corporation (KKRTC).

Patil emphasized the necessity of this fare revision, pointing out that BMTC last adjusted its fares in 2015 when diesel prices were ₹60.90 per liter. He highlighted that the daily diesel expense for these corporations has risen from ₹9.16 crore to ₹13.2 crore. Additionally, he noted that the monthly salary costs for staff have jumped from ₹12.95 crore to ₹18.36 crore.

He further assured that the ‘Shakti’ scheme, which permits free travel for women on non-AC state-owned buses, will not be impacted by this fare increase. Patil also mentioned that, despite the hike, Karnataka’s bus fares remain lower than those in neighboring states such as Andhra Pradesh, Telangana, and Maharashtra.

TAGGED:National NewsNews
Share This Article
Twitter Copy Link
Previous Article Ketan Parekh under SEBI net again, uncovers ₹66 crore scam Ketan Parekh exposed as mastermind behind ₹66 crore SEBI scam
Next Article 25 and counting: 2025 set for record number of start-up IPOs 2025 Poised for Historic Surge in Start-up IPOs
Leave a comment Leave a comment

Leave a Reply Cancel reply

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

Latest News

Rupee slips 2 paise to settle at 88.65 against US dollar

Rupee Dips 2 Paise, Closes at 88.65 Against US Dollar

November 7, 2025
IND vs AUS 5th T20I pitch report: How will surface at Gabba in Brisbane play?

Gabba Pitch Analysis for IND vs AUS 5th T20I: Key Insights and Expectations

November 7, 2025
Financials propel market recovery as Nifty, Sensex snap back from day’s lows

Invest in Waaree Energies: Broker Recommends Strong Buy Position

November 7, 2025
Delhi HC split verdict on Engineer Rashid’s plea over parole costs to attend Parliament

Delhi HC split verdict on Engineer Rashid’s plea over parole costs to attend Parliament make unique title from original. The maximum number of words is 16.

November 7, 2025
Chandresh Dedhia exits Zepto

Chandresh Dedhia exits Zepto Rewrite this headline into a unique, engaging, SEO-friendly news title. Use only English. Maximum 12 words. Output only the new title.

November 7, 2025
Financials propel market recovery as Nifty, Sensex snap back from day’s lows

Financials propel market recovery as Nifty, Sensex snap back from day’s lows Rewrite this headline into a unique, engaging, SEO-friendly news title. Use only English. Maximum 12 words. Output only the new title.

November 7, 2025

You Might Also Like

Independent directors’ exits see an uptick in CY24 
Economy

Independent directors’ departures rise in CY24

3 Min Read
Lenskart IPO Day 3: Oversubscribed 2.82x, Should you still invest?
Economy

Lenskart IPO Day 3: Oversubscription Hits 2.82x—Is It Still a Buy?

2 Min Read
MF equity inflows tapper as markets tank
Economy

Investors pull back as equities decline in volatile markets.

2 Min Read
Gujarat HC refuses to stay partial demolition of 400-year-old Mancha Masjid
Nation

Gujarat HC Denies Stay on Partial Demolition of Historic 400-Year-Old Mancha Masjid

4 Min Read
Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek
Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek

Welcome to IndiaNewsWeek, your reliable source for all the essential news and insights from across the nation. Our mission is to provide timely and accurate news that reflects the diverse perspectives and voices within India.

  • Home
  • Nation News
  • Economy News
  • Politics News
  • Sports News
  • Technology
  • Entertainment
  • International
  • Auto News
  • Bookmarks
  • About us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms of Service
  • Home
  • Nation
  • Politics
  • Economy
  • Sports
  • Entertainment
  • International
  • Technology
  • Auto News
  • About us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms of Service

© 2024 All Rights Reserved | Powered by India News Week

Welcome Back!

Sign in to your account

Lost your password?