TMT Bus Fares Set to Soar: Thane Commuters Face Major Hike After 11 Years

• Thane Municipal Transport (TMT) bus fares are expected to increase significantly, impacting thousands of daily commuters.
• The proposed fare hike comes after an 11-year gap, driven by rising inflation, fuel costs, and operational losses.
• TMT faces a substantial financial challenge, with annual costs of 350 crore rupees against an income of 90-95 crore rupees.
• Expenses include 150 crore for bus maintenance, 50 crore for the e-bus project, and rising manpower, fuel, and repair costs.
• The administration plans to send a proposal to the state government for approval, with the last hike in 2015.