Discussions have begun between private bus operators and government officials regarding a possible revision of bus fares following the recent increase in diesel prices.
A meeting was held at the Ministry of Highways on Wednesday (04), where representatives of several private bus associations met with officials to discuss the financial challenges facing the public transport sector.
According to bus industry representatives, the sharp rise in fuel costs over the past month has significantly increased operating expenses, making it increasingly difficult for operators to maintain services under the current fare structure.
Sri Lanka’s diesel prices have risen twice within a short period. The price of a litre of Lanka Auto Diesel was increased by Rs. 10 on May 3 and by a further Rs. 15 on May 30, resulting in a total increase of Rs. 25 per litre within a month.
Private bus associations argue that fuel remains one of their largest operating costs and that the recent price hikes have placed additional pressure on an industry already dealing with rising maintenance expenses, spare part costs, labour expenses and other operational challenges.
Earlier this week, several bus associations held discussions and collectively proposed either a temporary 5% fare increase or a fuel subsidy to help offset the impact of rising fuel costs. They maintain that some form of relief is necessary to ensure the continued operation of public transport services across the country.
During Wednesday’s meeting, representatives were informed that a separate discussion with Transport Minister Bimal Rathnayake would be arranged in the near future to further examine the issue and explore possible solutions.
Speaking to the media following the meeting, representatives of the private bus sector stressed the need for a timely decision, warning that prolonged delays could create additional difficulties for operators.
Transport industry observers note that any revision to bus fares would directly affect millions of commuters who rely on public transportation for daily travel. At the same time, they point out that maintaining a sustainable transport sector is essential to ensuring uninterrupted services and supporting economic activity.
The government has not yet announced any final decision regarding a fare revision. However, further discussions between transport authorities and private bus operators are expected in the coming days as both sides seek a balanced solution that considers the needs of commuters as well as the financial realities faced by the transport industry.
