RTA revises rates for minimum bus fares

March 21, 2011
local_bus
Mangalore, March 21: The Regional Transport Authority has raised the minimum bus fare (both urban and rural) for the first 2 km from Rs. 4 to Rs. 4.50 with effect from March 23. The fare for the remaining stages will be the same as the one fixed on January 21, according to an official press release.



The minimum bus fare was revised by the Authority headed by Deputy Commissioner Subodh Yadav, following the directions of the Karnataka High Court.



However, the Dakshina Kannada Bus Owners Association has said that it is not ready to accept the hike, which doesn't meet their demand.



Aziz Partippady, General Secretary of the association has said that the revised fares announced by the Regional Transport Authority are not advantageous for city buses, and therefore, the association does not concur with the fare fixed for them.



“The association had put forth a demand for hike in city bus fares, duly informing the authority about serious problems relating to bus maintenance and other costs being faced by bus owners, while scientifically submitting a proposal for fare hike. In the recent general body meeting of the association, it was decided to revise the fares only after a justified hike based on scientific calculations is permitted,” he explained.



Aziz noted that the last time the bus fare had gone up, was in 2008. Since then, cost of diesel, oil, chassis, spare parts, repair cost etc, have gone up, and there are indications about further rise in the price of diesel shortly, he added. He stressed that a fare hike calculated on actual cost basis can only save the bus operators from the grave problems of running their business.



Revised fare


For buses running in the city, following are the new rates (with old rates in bracket): up to 2 km Rs. 4.50 (Rs. 4); up to 4 km Rs. 5 (Rs. 5); up to 6 km Rs. 6 (Rs. 6), up to 8 km Rs. 7 (Rs. 7) up to 10 km Rs. 7 (Rs. 7), up to 12 km Rs. 8 (Rs. 8), up to 14 km Rs. 8 (Rs. 8); up to 16 km Rs. 9 (Rs. 9); up to 18 km Rs. 9 (Rs. 9), up to 20 km Rs. 10 (Rs. 10). For city buses (rural) the new rates are : up to 2 km Rs. 4.50 (Rs. 4) up to 4 km Rs. 5 (Rs. 5); up to 6 km Rs. 6 (Rs. 6), up to 8 km Rs. 6 (Rs. 6) up to 10 km Rs. 7 (Rs. 7), up to 12 km Rs. 7 (Rs. 7), up to 14 km Rs. 8 (Rs. 8); up to 16 km Rs. 9 (Rs. 9); up to 18 km Rs. 10 (Rs. 10), up to 20 km Rs. 11 (Rs. 11), up to 22 km Rs. 12 (Rs. 12), up to 24 km Rs. 13 (Rs. 13), up to 26 km Rs. 14 (Rs. 14), up to 28 km Rs. 15 (Rs. 15).


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News Network
May 29,2020

Bantwal, Karnataka, May 29: Vitla Police have registered a case against four persons, including a Bajrang Dal leader, on charges of assaulting a boy and forcing him to chant 'Jai Shree Ram', video of which had gone viral on social media.

Police said on Friday that the accused have been identified as Bajrang Dal leader Dinesh, a resident of Kanyana, and two 16-year-old youngsters from Kolnadu village and a 17-year-old boy from Kanyana village. The victim of the assault has been identified as the first PUC student of Kudtumugaru.

On April 21, at around 11 am, four accused waylaid the boy's bike and started abusing him. They then dragged the boy to Kadumath High School grounds and assaulted and posed life threat. Besides, they forced him to chant ''Jai Shree Ram,'' he stated in the complaint.

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News Network
August 5,2020

Bengaluru, Aug 4: Deputy Chief Minister Dr.CN Ashwathnarayan instructed the Bruhat Bengaluru Mahanagara Palike (BBMP) Commissioner Manjunatha Prasad to set up a separate high-level committee to ascertain the exact cause of coronavirus-related deaths in the state.

He spoke to reporters after a meeting with Prasad on Tuesday.

"The committee, headed by senior officials will audit the reason for the increase in death cases. Has there been a death due to treatment delay? Or are there any shortcomings in the treatment process?" the deputy chief minister said.

He pointed out that based on the report, the committee should try to correct the deficiency and reduce the death rate.

"How many beds are in which hospital? How many patients are on a ventilator? How many have gone home from the hospital? Etc. All information needs to be updated online at the moment. He suggested that this information should be made available to the public online," Ashwaththanarayana said.

Stating that some hospitals are not giving details about the number of beds correctly, he instructed the commissioners to take legal action if differences in their data are found.

He said that there is a shortage of ASHA workers in the city and it needs to be hired immediately.

According to the Ministry of Health and Family Welfare, there are 74,477 active COVID-19 cases in Karnataka and the death toll in the state is at 2,594. 

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News Network
March 30,2020

Bengaluru, Mar 30: Coffee Day Enterprises Ltd (CDEL) has received the first tranche of Rs 2,000 crore following disinvestment of Global Village Techparks to repay debts following the death of its founder V G Siddhartha.
In August last year, CDEL executed definitive agreements with entities belonging to Blackstone Group and Salarpuria Sattva Group for investment in GV Techparks, a wholly-owned subsidiary of group company Tanglin Development Ltd (TDL), at an enterprise value of Rs 2,700 crore.
The balance amount is expected to be received after the receipt of few statutory approvals, CDEL said in a statement.
"Out of the money received in first tranche, the company has paid off its debts in full including principal and interest amounting to Rs 1,644 crore to the lenders despite difficult economic conditions," it said.
Post this payment, the consolidated debt of the company and its subsidiaries stands at Rs 3,200 crore as on March 27. This includes debt of Rs 1,400 crore of its subsidiary Sical Logistics Ltd where disinvestment process is in progress.
"The company and subsidiaries have repaid around Rs 4,000 crore to the lenders since the beginning of this financial year," CDEL said.
"With the continuous support of stakeholders of the company, the current management is working to ensure better liquidity and operational efficiency. The company is confident of the future ahead despite various challenges," it added.
The company has been in rough waters after its founder V G Siddhartha took his own life as debt strains began to emerge in his company. Since his death in July last year, CDEL has been trying to divest its assets to pare debts.
On July 30, 2019, CDEL informed stock exchanges about Siddhartha's disappearance. In a letter that was purportedly written by him, the Cafe Coffee Day founder said: "I could not take any more pressure from one of the private equity partners forcing me to buy back shares."

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