BENGALURU: Soaring fuel prices have left the transport industry in the lurch. Not just that, their business has also been hit by the increasing rise in the prices of essential commodities. The increase in diesel prices by Rs 21 in the past year since February has impacted tour and travel operators, who are coughing up huge sums on fuel, besides paying highway toll.
Karnataka State Travel Operators’ Association K Radhakrishna Holla said their industry had seen a 50 percent decline in business due to the Covid pandemic. “With international flights cancelled and companies offering work-from-home options, there is no business. Now, the increasing fuel prices are making things worse. As of now, we are only serving economy passengers and we cannot transfer our burden to them by increasing prices,” he said.
