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Message: <blockquote data-quote="lkdood" data-source="post: 11364107" data-attributes="member: 92282">The Private Transport Ministry said today that it was seeking Cabinet  approval to increase bus fares for a second time this year following a  Rs.8 increase in the price of a litre of diesel.According to the national transport policy bus fares can only be  increased in such a situation only if the prices of a litre of diesel  rises by 4%. The percentage increment however has been 3.5%. Ministry  Secretary Victor Samaraweera said that the ministry is seeking to reduce  this percentage by 2% and will put it forward to the Cabinet for  approval after which amendments may be made to the bus fares. Bus owners were prepared to go on an islandwide strike today (November  15) if the transport authorities did not increase bus fares and provide  diesel subsidies following the recent diesel price hike. However after  negotiations with the Private Transport Services Ministry and the  National Transport Commission a decision was taken to revise bus fares,  the Private Bus Owners Association (PBOA) said. “We were informed that they could not give us fuel subsidies and  therefore instead gave us written assurance that bus fares will be  increased in a months time,” PBOA President Gemunu Wijeyratne said. The last bus fare increment was on July 1 this year when the minimum  fare was raised from Rs.6 to 7. If increased again at the end of the  month, the minimum fare will rise to Rs.8.Dailymirror</blockquote>

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