Diesel cess imposed on APSRTC tickets, no hike in bus fares: MD

To minimise losses because of steep hike in fuel prices, APSRTC Vice-Chairman and Managing Director Ch. Dwaraka Tirumala Rao on Wednesday said that they have imposed only diesel cess on tickets. However, there is no change in bus fares, he added. 
 
Speaking to the media in Vijayawada, the RTC MD stated that Rs 2, Rs 5 and Rs 10 cess was imposed on Palle Velugu, Express and high-end buses, respectively. From now on, minimum charge in Palle Velugu is Rs 10. Rao has revealed that the APSRTC will get a revenue of Rs 7,200 crore per year by collecting diesel cess. 
 
The RTC official stated that bus fares were hiked when diesel price was Rs 74 per litre in 2019. Now, the price of diesel per litre is Rs 107, he reminded and said that the RTC can only sustain if the ticket rates are increased by 32 per cent.