Punjab News PRTC proposes hike in fares


Prime VIP
Patiala, July 2

The Pepsu Road Transport Corporation (PRTC) authorities have sent a proposal for increasing the bus fares by 10 paise per km to the state government.

Confirming this, PRTC chairman Ranjit Singh Balian stated that in the wake of the hike in the diesel price by Rs 1.66 per litre by the Union Government, the PRTC would have to bear an additional financial burden.Hence, an increase in the bus fares had been proposed and a request in this regard was sent to the state government yesterday.

Balian said if the price of 1 litre of diesel went up by Re 1, the PRTC had to face an additional financial burden of Rs 29 lakh monthly. In 1998, the diesel price was Rs 9.38 per litre and at that time, the bus fare for one person per km was 36 paise. “On June 25, 2010, the diesel price was Rs 35.83 per litre, an increase of 282 per cent as compared to 1998. But at the same time, there has been an increase of 56 per cent in the tariff since 1998. In wake of this, it is a must to increase the bus fare by at least 10 paise per km”, he said. “The diesel price has increased thrice since February this year till now but the request to hike the bus fares has not been accepted by the state government”, he added