Govt plans to revise public transport fares again due to rising diesel prices
Summary
The government is preparing to raise public transport fares within two weeks due to a 30 percent increase in diesel prices, following a recent fare hike in early April.
Key Points
- The government plans to raise public transport fares again within two weeks due to rising fuel prices.
- A proposal has been submitted by the Ministry of Physical Infrastructure and Transport to adjust fares based on a scientific mechanism.
- Public vehicle fares were last increased by up to 22 percent on April 8.
- Since the last fare revision, diesel prices have increased by 30 percent, now costing Rs 237 per liter.