Bengaluru, July 15 (Reporter) In a move that will often affect the daily commute of thousands of people in Karnataka, the Karnataka State Road Transport Corporation (KSRTC) has proposed a whopping 5-20% bus fare hike to cover operational costs. The proposal, driven by the soaring prices of oil and increasing expenses, has left commuters bracing themselves for the additional financial burden. KSRTC Chairman SR Srinivas justified the hike, stating that the corporation's expenses have increased significantly due to the rise in oil prices, which has added a staggering Rs 20 crore to their monthly expenses. With a loss of Rs 295 crore incurred in the last three months, the proposed hike aims to bridge the gap. While the corporation claims to be working to minimize the impact on passengers, the proposed hike will undoubtedly affect commuters across the state, with many expressing concern over the additional financial burden. "It's a burden on us, but we understand the situation," said a regular commuter. "We hope the government considers the impact on common people like us." The proposal is pending approval from the Chief Minister, and a final decision is expected soon. If approved, this will be the first fare increase since 2019, and commuters will have to bear the brunt of the corporation's financial struggles. The Shakti scheme will cover the increase for female passengers, but many are questioning the government's commitment to providing affordable transportation to all. As the prices of essential services continue to rise, the proposed bus fare hike has sparked concerns over the increasing cost of living in Karnataka. With the government facing pressure to balance the needs of the people and the financial struggles of the corporation, the final decision on the proposed hike is eagerly awaited...////...