RTCs keen on hike in bus fare

The upward trajectory of fuel prices is crippling the already cash-strapped Road Transport Corporations in Karnataka. They are likely to approach the State government seeking revision in bus fares to compensate for the revenue loss. Last year, around this time, corporations were purchasing diesel at ₹62.51 per litre. Today, they are paying around ₹76.22 per litre (bulk purchase cost), an increase of over 20% at a time when people, for the most part, are still avoiding public transport for fear of contracting COVID-19.