Reduced diesel price brings relief to RTCs
The Hindu
But, two-wheeler owners say paying over ₹100 per litre for petrol is hard on them
The recent reduction in fuel prices has brought relief to cash-strapped road transport corporations (RTCs). An official with the Karnataka State Road Transport Corporation (KSRTC) said that the ₹19.47 per litre reduction in the price of diesel will help the corporation save an estimated ₹90 lakh per day.
“Diesel consumption has been gradually increasing after services resumed in June. Earlier, it was 300 kilo litres per day, and now it has gone up to 500 KL depending on bus operations. We are likely to save close to ₹90 lakh per day due to reduced prices,” said the official.
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