10. Is there any hike in the bus fares recently? If so, try to know the reasons for it.
Answers
Answer:
Tamil Nadu, fares had been hiked only twice since 2001, in Karnataka the ticket fares have been hiked 16 times.In a State where 50% of the routes are socially obligatory routes and the eight transport corporations were sustaining ₹9 crore of losses per day, there was no other go but hike the ticket fares, he added.
The official also cited the thousands of crores in losses accumulated over a period of 15 years and the present situation where the transport corporations have been able to meet the basic needs of keeping pace with the price of diesel, operational expenditures and payment of salary.
While new buses were purchased thanks to Central government funding through the JNNURM, the State has not been able to increase its fleet as the Central government has completely withdrawn from funding of transport departments.
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