Home » Hyderabad » Sub Panel discusses hike in APSRTC fares

Sub Panel discusses hike in APSRTC fares

Posted by on June 27, 2011 0 Comment

Hyderabad: The state government has, on all accounts, put off taking a decision on whether to increase bus fares of APSRTC.

A Cabinet Sub-Committee meeting is underway on whether to increase the bus fares, at the time of filing this report.

A decision is expected to be announced shortly as the government is undecided about it.

Before making their way to the Cabinet Sub-Committee meeting, Ministers Bosta Satyanarayana, Duddilla Sridhar Babu and Komatireddy Venkata Reddy met Chief Minister N Kiran Kumar Reddy who assured them to consider the already burdened commoner during the meeting.

The state government is already bearing a subsidy burden of Rs 191 crore, (Rs 25 on an LPG cylinder).

The Chief Minister is said to have told the Ministers that an alternative mechanism would be evolved not to further burden the common man, according to Sridhar Babu who spoke to media persons informally.

In view of rise in petroleum products including diesel oil, the burden of which the RTC has increased. Besides, the RTC is also running in losses and the fare increase is imminent.

In the light of these developments, the RTC fares would also be increased and Mr Sridhar Babu said that all factors would be taken into account before the said hike is affected considering the plight of the commuters as another dose of increase in petroleum products recently had already burdened the commoner.

“Before affecting the increase of cited fares a consensus would be evolved,” maintained the minister.

The Ministers are, at the time of filing this report, engaged in a meeting of the Ministers’ Sub-Committee which would evolve an opinion for an agreeable fare hike.(INN)

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