Fuel Price Surge Sparks 20-30% Bus Fare Hike
In response to rising fuel prices, private bus operators in Karnataka are increasing fares by 20-30% starting Friday midnight. The Karnataka State Bus Owners' Association calls for government action, citing financial strain from high road taxes and recent fuel price hikes, which burden bus owners with additional monthly costs.
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- India
Private bus operators in Karnataka have been compelled to raise fares by 20-30% following a recent surge in fuel prices. The hike will be effective from Friday midnight and varies by route.
Karnataka State Bus Owners' Association President S Nataraj Sharma highlighted the financial distress faced by bus owners, exacerbated by high road taxes and the impact of the Shakti scheme.
Sharma revealed that the increase would cost bus owners Rs 15,000 per vehicle monthly, intensifying the call for government subsidies and tax reductions to mitigate the crisis.
(With inputs from agencies.)
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