Bus Fare Hike
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Home / Andhra Pradesh News / 2007 / October / October 18, 2007
APSRTC proposes bus fare hike
APSRTC

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APSRTC proposes bus fare hike
Rural services however to remain exempted

RTC to run 816 special buses from Hyderabad
Bus Pass Counter to remain closed on October 21

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Top News

APSRTC proposes bus fare hike

Rural services however to remain exempted

Hyderabad, October 18, 2007

The Andhra Pradesh State Road Transport Corporation (APSRTC) is contemplating a fare hike. This step is expected to be an eternal challenge to clearing its accumulated losses, nearly Rs. 1,129 crore and the need to bring in more resources for development. The Corporation is seriously of hiking fares, particularly in Garuda, Meghadoot, Deluxe, Super Luxury and Express services. However, rural commuters traveling by Palle Velugu services, comprising of 55 percent of the entire fleet will be spared.

Speaking to the media, the APSRTC Vice chairman and Managing Director V Dinesh Reddy said that city services will be covered in the proposed fare hike though. The fare hike proposal will be placed at the Board of Directors meeting to be held on October 22 and the officials are busy in finalizing the new fares shortly.

Dinesh Reddy said that the wage revision of 1.2 lakh employees is causing an additional expenditure of Rs. 200 crore per annum. In addition, the increase in prices of diesel during the last four years and expansion of the fleet are some of the reasons behind the fare hike. To begin with, 50 vestibule buses, which can carry up to 200 passengers at a time on major routes are proposed to be launched and each vestibule bus costs around Rs.50 lakhs. He added that even air conditioned buses would be introduced on some corridors of the twin cities from early next year.

Andhra Pradesh on October 18, 2007

APSRTC proposes bus fare hike
Rural services however to remain exempted

AK Mohanty appointed as chief of OCTOPUS
State Government issued orders

RTC to run 816 special buses from Hyderabad
Bus Pass Counter to remain closed on October 21

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October 18 in History

Events and happenings on 18 October in History

18 October 2001
Highlights: Strikes to be intensified - says RTC JAC

18 October 2002
Highlights: Indo-ASEAN Business Summit begins

18 October 2003
Highlights: PSLV-C5 successfully launched from SHAR

18 October 2004
Highlights: First round of talks with Naxals peace

18 October 2005

18 October 2006
Highlights: Chief Minister asks Collectors to be on alert

18 October 2007
Highlights: AK Mohanty is appointed as chief of OCTOPUS

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