Revised price for KSRTC

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Bangalore- KSRTC being the pioneer State Transport Corporation in India has provided good, affordable and reliable transport services in the State of Karnataka. With a view to provide better transport facilities to the travelling public KSRTC has taken-up various programs and plans to augment bus services, commissioning of new depots, bus stations and taken several measures adopting new technology.
One third of the bus services operated by the Corporation are ordinary services operated in rural areas.  Apart from this, free bus passes/concessional passes/ concession in travel are also provided to the Students, Physically challenged, Blind persons, Freedom Fighters and Senior Citizens. The transport facilities provided have been progressively improved and consequently the demand for bus services of the Corporation has been increasing.

 From 13.09.2012 mid night, the Government of India has increased the price of High Speed Diesel from Rs 44.09 to Rs 50.22 per liter there by there is an increase of 13.9%.

  • The financial burden on the Corporation due to fuel price hike will be Rs.121.13 crores per annum.
  • Besides, as per the fare revision formula approved by Government, the dearness allowance increase to employees is also to be factored in for fare revision, which will be Rs 184 crores. Overall increase in operational cost is Rs.305.13 crores per annum.
  • KSRTC has reduced the rates of student concessional bus pass rates twice in the last 4 years and also increased the travel distance from 50 to 60 Kms, with this the corporation has incurred an additional burden of Rs 30 Crores.

 To off-set the increase in financial burden to the Corporation the Board has decided to revise the bus fares with immediate effect.  To meet the increased cost, the revenues of the corporation have to be increased by 15.45%, but to reduce the burden on the passengers the increase in revenue due to increase in fares is restricted to 12%. The fares for different category of services are appropriately revised such that the burden on the ordinary services is kept minimum.  North-West Karnataka Road Transport Corporation and North-East Karnataka Road Transport Corporations are also revising bus passenger fares with immediate effect in the same proportion. With this fare increase, additional revenue mobilization expected per annum is Rs 237 Crores and the additional cost is Rs 305.13 Crores, thereby there will be a deficit of Rs 68 Crores per annum, which will be mobilized by improving the efficiency of operation.

Further the Corporation is not increasing the rates of Student concessional passes despite of so much of additional financial burden.

The fares to selected places before and after revision are as below:

 

Destination

(Bangaloreto)

Express services

Rajahamsa services

Existing

Revised

Existing

Revised

(fares in rupees)

(fares in rupees)

Mysore

Mangalore

Hubli

Mandya

Dharwar

Gulbarga

Bellary

Davanagere

Shimoga

Belgaum

101.00

253.00

291.00

72.00

304.00

441.00

227.00

194.00

206.00

355.00

110.00

280.00

325.00

75.00

340.00

495.00

250.00

210.00

225.00

400.00

159.00

385.00

444.00

108.00

464.00

676.00

345.00

292.00

312.00

544.00

170.00

430.00

500.00

115.00

520.00

765.00

385.00

325.00

345.00

615.00

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