Karnataka: According to media sources, The Karnataka State Road Transport Corporation (KSRTC) has proposed a 15-20% hike in bus fares as the department is incurring losses due to the Shakti scheme, the free bus scheme for women. The proposal has been sent to the state government, and CM Siddaramaiah is yet to approve the move State Road Transport Corporation proposes a bus fare hike of up to 20 per cent. As per media reports, KSRTC said it reported a significant loss of Rs 295 Cr. due to the Shakti scheme, which provides free bus travel for women in Karnataka.The Karnataka State Road Transport Corporation (KSRTC) plans to propose a bus fare hike of up to 20 per cent, citing significant financial losses. Over the past three months, the KSRTC reported a loss of ₹295 crore, primarily due to the Shakti scheme, which offers free bus travel for women in Karnataka.
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