>
RTC Managing Director AK Khan said that there was no proposal to increase the bus fares for now.
Speaking to reporters here on Tuesday, he scoffed off the rumours that there would be steep hike in bus charges in wake of the increase in diesel charges. We are trying to explore alternative sources of income to compensate the additional expenditure we will be incurring due to the increase in diesel prices, he said.
RTC has to pay Rs 11.29 more per litre according to the revised rates and we will come out with some alternative instead of passing on the hike to customers, he said.