Archive · 22 Sep 2025
Karnataka Forms Fare Regulatory Body to Oversee Bus Fares
Imagine the bus company's costs went up, like the price of gas and paying the bus drivers.
The government created a special group, the PTFRC, to figure out how much bus tickets should cost.
This group will look at how much it costs to run the buses and suggest fair ticket prices.
They want to make sure bus fares change a little bit, regularly instead of big jumps every few years.
This helps the bus companies pay their bills and keeps the public transport running smoothly.
The PTFRC will give advice to the government, who will share it with everyone.
Karnataka government formed the Public Transport Fare Regulatory Committee (PTFRC).
The PTFRC is modeled after the Karnataka Electricity Regulatory Commission.
The goal is to ensure scientific and systematic bus fare revisions.
Fare adjustments aim to balance operational costs and financial sustainability.
The committee will recommend fare revisions and propose surcharges.
- Who
- Karnataka Government
- What
- Established the Public Transport Fare Regulatory Committee (PTFRC).
- When
- Announced recently.
- Where
- Karnataka
- Why
- To ensure scientific fare revisions and the financial sustainability of transport corporations.
- Committee Name
- Public Transport Fare Regulatory Committee (PTFRC)
- Modeled on
- Karnataka Electricity Regulatory Commission (KERC)
- Chairperson
- Retired Additional Chief Secretary or Judge
- Member-Secretary
- Managing Director of KSRTC
- Fare Revision Frequency
- Periodic, as needed
- Last BMTC Fare Revision
- 2014