Sri Lanka government today approved 6.56% increase in bus fare with effect from tomorrow (16th) with no change in minimum fare. This is less than that which the Lanka Private Bus Owners’ Association had demanded.
Chairman of the Lanka Private Bus Owners’ Association Gemunu Wijeratne speaking during a media briefing held in Colombo last week had demanded a price revision of 10% bus fare increase following the revision of fuel prices by the government recently.
Gemunu Wijeratne added that the heavy traffic congestion within main municipalities across the country has also hampered the private transport industry.
He said Executives of the Association have decided that in line with the revision of fuel prices, the government must implement the annual fare revision, adding the minimum bus fare must also increase.
The revision of fuel prices imposed yesterday is currently in effect at both Ceylon Petroleum Cooperation and Lanka Indian Oil Corporation operated filling stations.
Accordingly a litre of 92-Octane petrol is sold at 137 rupees while a litre of 95 Octane is sold at 148 rupees from last Friday.
Meanwhile Lanka auto diesel is sold at 109 rupees per litre while a litre of Super Diesel has been revised from 110 rupees to 119 rupees.