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Bengaluru Tech Wormer complaint about high life costs caused an online debate. The increase in the prices of the essential elements has tense budgets. The Government cites income needs; The opposition does not agree.
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Recently an online debate was caused when a Bengaluru technology professional regretted that its high salary was insufficient to deal with the growing cost of living of the city. The discussion revealed different perspectives, and some attributed financial tension to a poor budget and others that point to the price increases promoted by the government as an important taxpayer to the problems of household budget.
Bangalore, known for its prosperous technology industry, has seen an increase in life costs, which affect professionals equally of high income.
From transport and fuel to milk and toll charges, multiple essential services have seen an increase in costs during the past year. Hindustan Times Tok is a look closer to the financial burden faced by Bengaluru residents.
Walk on the subway rate
Bangalore metropolitan rates have seen a significant walk, with the maximum rate that increases from 60 to RS 90 in February. The minimum balance required in smart cards has also increased almost double, that is, from RS 50 to RS 90.
This increase in the 50-90% rate has impacted the finances of thousands of daily travelers who trust the Namma subway. The revised price structure has been added to the growing expenses in the city, affecting the household budgets of the residents.
Continuous milk prices to increase
Nandini’s milk prices have increased by RS 4 per liter, as of April 1, carrying the cost of a liter of tone milk at 46 rs.
The highest price has affected consumers, although Nandini alleges that their rates remain lower than competitors such as Amul and Heritage.
Increased BMTC bus fee
The 15 percent increase in Karnataka government bus rates in January hit daily travelers, increasing ticket prices for Bengaluru Metropolitan Transport Corporation (BMTC) bus.
The price of an ordinary daily pass increased from RS 70 to RS 80, while the weekly pass saw an increase of RS 300 to RS 350. The ordinary pass now costs RS 1,200, compared to RS 1,050, affecting students more and more conditions. The increase in the rate has been added to the financial load for regular passengers, including students, which depend on BMTC buses for transport.
Increased fuel prices
Fuel prices in Bengaluru have increased significantly, since gasoline increases by RS 3 to RS 102.84 per liter and diesel in RS 3.02 to RS 88.95 per liter since June 2024. The decision of the Karnataka government to review the sales tax rates in fuel has contributed to the increase, increasing to daily travelers of daily travelers and daily businesses.
Increased toll rates on key routes
The toll rates on the main roads of Bangalore have increased by 5 percent, as of April 1. Travelers who use routes such as Satellite Town Ring Road and Kempegowda International Airport Roads will now pay more. The Bengaluru-Mysuru highway has also seen an increase in the toll rate, which adds to travel costs for daily travelers.
The highest alcohol prices in southern India
Karnataka has become the most extenious state for alcohol in southern India due to repeated price increases in the last two years. The State Government has imposed major taxes and taxes, contributing to the increase in liquor costs.
The load of inflation led to the MLA and state ministers to approve a salary increase for them, citing higher expenses. The ruling government of the Karnataka Congress has defended recent price increases. The Government argues that the income generated from these measures will support its five guarantee schemes, which were key to their victory in the 2023 assembly elections.
However, the opposition parties BJP and JD (s), strongly opposed the walks, arguing that they join the financial burden for citizens.
