March 23, Colombo (LNW): A proposal to revise bus fares is set to be placed before the Cabinet today (23), as authorities grapple with rising operational costs and growing pressure from transport operators.
The National Transport Commission has indicated that the latest surge in fuel prices—particularly the increase in auto diesel—has significantly altered the fare calculation formula. Officials say the adjustment now points to a rise of more than 10 per cent compared to existing ticket prices.
Director General Nilan Miranda confirmed that a formal Cabinet paper has already been submitted, seeking approval to implement the revised pricing structure. The proposal is expected to be taken up for discussion at today’s Cabinet meeting.
However, the delay in announcing the revision has drawn sharp criticism from bus operators. Several associations argue that the fare hike should have been introduced earlier, warning that continued postponement places unsustainable financial strain on the industry.
Representatives from these groups had previously sought urgent talks with the Commission, but claim their concerns were not adequately addressed. Frustration has since escalated, with unions cautioning that services could be disrupted if a decision is not reached promptly.
Adding to the pressure, Gemunu Wijeratne of the Lanka Private Bus Owners’ Association stated that operating under current fare levels is no longer viable given the rising cost of fuel and maintenance.
Transport authorities, meanwhile, maintain that the revised fare proposal—expected to exceed a 10 per cent increase—will be finalised once Cabinet approval is secured, potentially bringing an end to the ongoing standoff between regulators and private bus operators.