Sri Lanka, March 23 -- The proposal to increase bus fares is scheduled to be presented to the Cabinet today (23).

The National Transport Commission (NTC) stated that the recent fuel price hike, particularly the increase in Lanka auto diesel prices, has significantly impacted the bus fare revision formula.

According to the NTC, this has resulted in an increase exceeding 10% compared to the current bus fares.

Director General of the NTC, Dr. Nilan Miranda, noted that a Cabinet paper has been submitted seeking approval to implement the revised bus fare structure.

Accordingly, the proposal is expected to be presented to the Cabinet today for approval.

However, several bus associations had earlier stated that the fare revision should have...