COLOMBO !The bus fares will be increased by 12.19 percent from midnight today (23), Cabinet Spokesman Minister Dr. Nalinda Jayatissa has stated.
Following the price revision, the minimum bus fare will be increased from Rs. 27 to Rs. 30.
Meanwhile, the maximum fare which was Rs. 2,159 has risen by Rs. 263 to Rs. 2,422.
The proposal to increase bus fares was presented to the Cabinet of Ministers today (23).
Earlier, the National Transport Commission (NTC) stated that the recent fuel price hike, particularly the increase in Lanka auto diesel prices, significantly impacted the bus fare revision formula.
According to the NTC, this has resulted in an increase exceeding 10% compared to the current bus fares.
Director General of the NTC, Dr. Nilan Miranda, noted that a Cabinet paper was submitted seeking approval to implement the revised bus fare structure.
Meanwhile, several bus associations demanded that the fare revision be implemented from yesterday (22).
Representatives of associations also visited the NTC requesting a discussion on the matter but claimed that they did not receive a satisfactory response.
Fares of three wheelers will be increased from Rs 100 to Rs 110, while all the bakery products will have an increase of Rs 10 per piece
