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21 Feb 2018, Edition - 953, Wednesday

FLASH NEWS:

  • Actor Kamal Haasan launches new political party “Makkal Needhi Maiyam”
  • Major Political entry Actor kamalhaasan will be announcing his political party a short while from now.
  • Karnataka Congress MLA Byrathi Basavaraj’s aides slap traffic policeman
  • SC sends message to fringe, stay on FIR against Priya Varrier.
  • Former Pakistan cricketer’s son commits suicide over non-selection in U-19 team
  • Cost effective ISRO: India’s Chandrayaan-2 said to be cheaper than Hollywood’s Interstellar
  • State government denied permission to Kamal Haasan to visit A. P. J. Abdul Kalam school
  • Big development in PNB fraud case, CBI arrests PNB’s Rajesh Jindal.
  • Adviser to Delhi CM, VK Jain detained by Delhi Police

Tamilnadu News

Bus fare hike was inevitable, says TN CM

Covai Post Network

Chennai: Chief Minister Edappadi K Palaniswami has said the bus fare hike was inevitable as the State-run transport corporations were in financial crisis.

He told reporters here today along with Deputy Chief Minister O Panneerselvam that the opposition was instigating protests across the State. He also pointed out that the previous DMK regime acquired loans to the tune of Rs 3,392 crore in transport corporations.
‘Other States such as Kerala and Karnataka gradually hiked fares, but we have not been doing that. We increase rates on a long term basis and the employees get a pay hike once in three years. We see transport as a service and not to make profits. Even after the recent price hike, we will be facing a loss of Rs 4 crore daily. Diesel and spare parts prices have become higher,” he said.

Compared to other States, Tamil Nadu had a huge fleet of buses, nearly 22,000, while Andhra Pradesh had 11,000, Kerala 6,000 and Karnataka 8,000. During the DMK regime, the price of diesel was Rs 43.10 and now it was Rs 67.23, he said.

Also, the government on Sunday reduced the fare hike by maximum extent possible, he added.