TSRTC MD defends bus ticket fare hike
The Hindu
Rising input costs make hike ‘unavoidable’, says Sajjanar
Telangana State Road Transport Corporation Vice Chairman and Managing Director V. C. Sajjanar on Friday said that the transport juggernaut has no intentions of burdening passengers, but with the crushing losses incurred due to buses going off roads, and the fuel price hike, a fare hike is ‘unavoidable’.
In a statement released to the media, Mr. Sajjanar said that the cost of spare parts increased by up to 60% as manufacturers sought to offset rising input cost. This, he said, affected maintenance of TSRTC buses and drove costs up. Another factor behind the increasing manpower cost, Mr. Sajjanar pointed out, are the rising salaries and allowances.
Touching upon rising fuel costs, he said that the price per litre has increased from approximately ₹ 70 to ₹ 94 in about two years.
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