PoliticsEconomy4h ago

Bus Fares Remain Unchanged Despite Diesel Price Hike, NTC Assures

TLDR

NTC: Bus fares unchanged despite Rs. 15-20 diesel hike.
Formula allows no immediate revision; NTC prevents commuter burden.
Private bus owners urge revision, citing daily losses.

The National Transport Commission (NTC) has announced that bus fares will not be revised despite a recent increase in diesel prices. The NTC stated that the current fare formula does not necessitate an immediate hike, assuring the public that no additional burden will be placed on commuters. However, private bus operators report incurring significant daily losses, with some estimating losses of up to Rs. 1,500 on long-distance routes. In contrast, school van operators have indicated they will need to increase fares to cover the rising diesel costs.

Story Update

Update #2\u00b7 May 31 · 7:30 AM

The National Transport Commission (NTC) has reaffirmed that bus fares will not be revised despite recent diesel price increases. The Ceylon Petroleum Corporation (CPC) raised prices by Rs. 15 per litre for Lanka White Diesel and Rs. 20 per litre for Super Diesel, effective midnight on May 30. The NTC stated that no immediate revision is technically necessary according to the scientific bus fare formula and aims to prevent additional financial burdens on passengers. However, the Lanka Private Bus Owners’ Association has urged authorities to consider an interim fare revision.

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