Bus fare hike inevitable, says KSRTC chairman
Tumakuru: The Karnataka State Road Transport Corporation chairperson S R Srinivas on Sunday said the fare hike in government buses in the state was inevitable.
He said the KSRTC has submitted a proposal to the state government to increase the fare by 15 to 20 per cent.
"We had a board meeting two days ago. We have proposed a hike of 15 per cent to 20 per cent. The rest is up to the discretion of Chief Minister Siddaramaiah. If KSRTC is to survive, fare hike is inevitable," Srinivas said.
Noting that the prices of fuel and auto parts have gone up substantially, the KSRTC chairperson said the fare hike has not been effected since 2019.
"The salary revision of the KSRTC employees has not been done since 2020. Hence, increasing the ticket price is necessary." According to him, the corporation has incurred a loss of Rs 295 crore in the last three months.
ALSO READ: Difficult to get funds for development works because of guarantees, says CM's economic advisor
The transport corporation has also submitted a proposal to purchase 40 new Volvo buses to the government.
He added that so far 600 regular buses have been procured.
To a question whether the hike would burden male passengers since women are allowed to travel free of cost under the 'Shakti' scheme, Srinivas said there is no question of putting burden only on men.
The KSRTC chairperson said the state government is bearing the expenses of women travelling in the buses.
Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
NATO, others turn down US call for help in Hormuz: Trump
Washington (PTI): President Donald Trump on Tuesday said NATO and most of US' other allies have rejected his calls to help secure the Strait of Hormuz as the war with Iran entered the third week.
In a social media post, Trump asserted that Iran’s military has been “decimated” and he no longer felt the need for assistance from NATO countries or anyone else.
Last week, Trump had sought help from European nations and others who depend on oil supplies transiting from the Hormuz Strait to safeguard the critical waterway.
“The United States has been informed by most of our NATO “Allies” that they don’t want to get involved with our Military Operation against the Terrorist Regime of Iran, in the Middle East, this, despite the fact that almost every Country strongly agreed with what we are doing, and that Iran cannot, in any way, shape, or form, be allowed to have a Nuclear Weapon,” the US President said in a post on Truth Social.
Iran's attacks on Gulf nations and its grip on the Strait of Hormuz, through which a fifth of the world's oil is transported, have sparked increasing concerns of a global energy crisis and are unnerving the world economy.
“I am not surprised by their action, however, because I always considered NATO, where we spend Hundreds of Billions of Dollars per year protecting these same Countries, to be a one-way street — We will protect them, but they will do nothing for us, in particular, in a time of need,” Trump said.
He said Australia, Japan and South Korea too have turned down his call for help.
“Fortunately, we have decimated Iran’s Military – Their Navy is gone, their Air Force is gone, their Anti-Aircraft and Radar is gone and perhaps, most importantly, their Leaders, at virtually every level, are gone, never to threaten us, our Middle Eastern Allies, or the World, again,” Trump said.
He said that given the scale of recent military successes, the US no longer "need" or desires assistance from NATO countries, adding that it never relied on such support in the first place.
Speaking as President of the United States, the "most powerful" country in the world, "we do not need" help from anyone, Trump said.
The West Asia conflict began on February 28 when the US-Israeli combine conducted airstrikes on Iran.
The Strait of Hormuz, the narrow waterway that connects the Persian Gulf to the open ocean, has effectively been shut following the US and Israel attack on Iran and Tehran's sweeping retaliation.
However, Iranian Foreign Minister Abbas Araghchi had said that from Tehran's "perspective", the strait is "open". "It is only closed to Iran's enemies, to those who carried out unjust aggression against our country and to their allies.”
Earlier in the day, a second Indian-flagged LPG tanker, Nanda Devi, reached the country after safely sailing from the war-hit Strait of Hormuz. On Monday, the first ship, Shivalik, reached Mundra port in Gujarat.
As of now, 22 Indian vessels remain on the west side and two on the east side of the strait.
Indian authorities are in constant touch with all the relevant stakeholders in the region to secure the safe passage of the remaining ships, officials said.
