Bus prices to increase in Andhra as APSRTC levies diesel cess
The minimal price in the country (Palle Velugu) as well as city solutions has actually been dealt with at Rs 10.
Image for representation/PTI
The Andhra Pradesh State Road Transport Corporation has actually made a decision to impose diesel cess varying from Rs 2 to Rs 10 per guest to at the very least partly cover the significant losses therefore the high boost in the rate of diesel. Except for the base price on the country ‘Palle Velugu’ as well as city bus solutions, the APSRTC determined not to improve the guest prices although a 32% walking was called for to cover the losses, firm Managing Director Ch Dwaraka Tirumala Rao claimed on Wednesday, April 13. The minimal price in Palle Velugu as well as city solutions has actually been dealt with at Rs 10. The brand-new recompense will certainly enter into result from April 14. .
The diesel cess would certainly be Rs 2 per guest in country Palle Velugu solutions, Rs 5 in Express as well as Rs 10 in premium solutions. Of the around 12,000 fleet of RTC, 50% are Palle Velugu as well as 3 percent premium solutions, consisting of the cool buses. “Even after levying the cess, we don’t even break even. Actually, we need to increase ticket price by 32% to tide over the losses,” the MD claimed. The RTC would certainly gain Rs 720 crore per year from diesel cess however that’s “peanuts”, the APSRTC MD claimed.
Speaking to press reporters, the Managing Director claimed the diesel rate soared from Rs 67 to Rs 107 a litre in between December 2019 as well as April 2022. “This is a 60% rise in diesel price, whereas we have not increased passenger fares after December 2019. We are incurring an additional expenditure of Rs 3.5 crore per day on diesel,” he kept in mind.
Read: Telangana: Bus prices to raise as TSRTC enforces diesel cess.
Tirumala Rao claimed the general public carrier experienced an income loss of a monstrous Rs 5,680 crore in the last 2 years as a result of COVID-19. “At the same time, rates of tyres and other bus components also went up. All this has become unbearable for the corporation and only under inevitable circumstances we have decided to levy diesel cess without increasing the passenger fares,” the Managing Director claimed.
Also read: Kerala transportation price trek to be applied from May 1.
The diesel cess would certainly be Rs 2 per guest in country Palle Velugu solutions, Rs 5 in Express as well as Rs 10 in premium solutions. Of the around 12,000 fleet of RTC, 50% are Palle Velugu as well as 3 percent premium solutions, consisting of the cool buses. “Even after levying the cess, we don’t even break even. Actually, we need to increase ticket price by 32% to tide over the losses,” the MD claimed. The RTC would certainly gain Rs 720 crore per year from diesel cess however that’s “peanuts”, the APSRTC MD claimed.
Speaking to press reporters, the Managing Director claimed the diesel rate soared from Rs 67 to Rs 107 a litre in between December 2019 as well as April 2022. “This is a 60% rise in diesel price, whereas we have not increased passenger fares after December 2019. We are incurring an additional expenditure of Rs 3.5 crore per day on diesel,” he kept in mind.
Read: Telangana: Bus prices to raise as TSRTC enforces diesel cess.
Tirumala Rao claimed the general public carrier experienced an income loss of a monstrous Rs 5,680 crore in the last 2 years as a result of COVID-19. “At the same time, rates of tyres and other bus components also went up. All this has become unbearable for the corporation and only under inevitable circumstances we have decided to levy diesel cess without increasing the passenger fares,” the Managing Director claimed.
Also read: Kerala transportation price trek to be applied from May 1.
