Chandigarh: Bus fares may go up in Haryana with the state transport department mulling an increase after facing a "massive" financial burden due to costlier diesel. (Agencies)
The Centre had last month announced dual pricing regime for diesel whereby bulk consumers including railways and state transports would pay market rate of diesel which is about Rs 10 a litre costlier than the subsidised one.
"Yes, the bus fare hike is under consideration," a senior official of Haryana transport department told reporters on Friday. He, however, refused to divulge details of the quantum of proposed hike in bus fare.
The average bus fare in Haryana stands at 0.75 paise per km at present. Hike in diesel price for bulk consumers has put an additional financial burden to the tune of Rs 7 crore per month on Haryana transport department.
"Our expenses have gone up by Rs 2 per km because of expensive diesel," he said. Despite increase in diesel rate proving to be a big setback, Haryana transport department is still buying "costlier" diesel from PSU oil marketing companies, he said.
Transport undertakings in Punjab have already stopped procuring diesel from oil marketing companies and started buying diesel directly from private filling stations in order to contain additional cost of operations.
Haryana transport operates 3,402 buses across the state and the vehicles run 10.32 lakh km per day. Meanwhile, Indian Oil, which is a major supplier of diesel to bulk consumers, has witnessed about 50 percent drop in diesel sale (to bulk consumers) in Punjab, Jammu and Kashmir and Himachal Pradesh during last 20 days, official sources said here. The major reason of drop in diesel sale is attributed to state transport undertakings buying the fuel from retail outlets.
Chandigarh: Bus fares may go up in Haryana with the state transport department mulling an increase after facing a "massive" financial burden due to costlier diesel.