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If a diesel subsidy is not provided, a 60% increase in bus fares will be required! (VIDEO)

Anjana Priyanjith, General Secretary of the Lanka Private Bus Owners’ Association said that with the fuel price of IOC Fuel rising again to Rs. 93 per liter last night, the Private Bus Owners’ Association is requesting the government to provide a diesel subsidy through the depot of the Ceylon Transport Board as soon as possible to protect the private bus industry.

He was speaking to the media today (11).

He said that if the diesel subsidy is not provided, a 60% increase in bus fares will be required.

Priyanjith stated that if such a revision is made, the minimum bus fare would increase to between Rs. 30 and Rs. 35.

However, allowing IOC to increase fuel prices indicates that Ceypetco’s fuel prices are set to rise, and he stressed that the diesel subsidy should be given before then.

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