Minister rules out hike in KSRTC bus fares

Transport Minister Ramalinga Reddy on Monday, said the government will not hike the KSRTC bus fare, despite the increase in fuel prices.

Speaking to media persons after the inauguration of a bus depot at Belur, the minister said that the KSRTC was facing huge losses due to the hike in diesel prices, demonetisation and 12.5 percent salary hike for the employees. ‘There will not be any immediate hike in the bus fares as KSRTC is working for the welfare of the people and not for profit, he added.

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