Bus Fare Hike: Following the rise in petrol and diesel prices, many people are opting for public transport—such as buses and the metro—instead of using their private vehicles. Millions of people travel by bus every day, with a particularly high number of office-goers and college students among them. If you travel on the standard buses of the Maharashtra State Road Transport Corporation (MSRTC), please note that fares have been raised by 10%.
What is the reason behind the fare hike?
Petrol and diesel prices have been raised multiple times due to ongoing tensions in the Middle East. According to the MSRTC, this decision was driven by rising diesel costs and increased bus operational expenses. Additionally, the corporation states that several of its bus services are currently running at a loss. This hike will inevitably impact the pockets of daily bus commuters.
How much will the fare be now?
According to the MSRTC, the fares will be as follows after the increase:
The fare for adults will be ₹14.
The fare per stage for standard and 'Midi' buses will be ₹11.05.
The fare for children will remain ₹7.
Please note: The corporation had initially implemented this hike until July 15, but the period has now been extended to July 31.
Impact on passengers
Daily commuters using MSRTC standard buses will feel the financial impact, as a large number of people rely on these services. Since the implementation period has been extended from July 15 to July 31, the hike will directly affect passengers.