Bus strike called off as government agrees to a 15 percent bus fare increase, from Friday, June 10. Bus strike called off as government agrees to a 15 percent bus fare increase, from Friday, June 10. “The bus strike will be called off now because we got approval to increase prices,” said President of the Private Bus Owners Association, Gemunu Wijeratne.
Private bus operators – that control over 80% of Sri Lanka’s mass road transport services – were threatening an island wide strike from midnight Tuesday, unless bus fares go up.
Bus operators claimed they cannot afford to wait until the annual price revision, only one month away in July, to increase bus fares, as fuel and other costs were already up.
The increase in fuel costs alone, they say, added over seven percent to running costs.
Fuel prices went up on Sunday, with petrol prices increased by Rs. 6.00 a litre to Rs. 80 and diesel up by Rs. 4.00 a litre to Rs. 50, just one month after the last price hike.
On Tuesday the government caved in and agreed to a 15 percent bus fare increase immediately.
The increase will