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7% cut for inter-city transport, 20% for school buses: No slash in fares yet as KTI rejects reduction

byMonitoring Report
04/01/2015
in Business
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KARACHI: The fares of public transport are still unchanged after massive reduction in petroleum prices as the Sindh government and the Karachi Transport Ittehad (KTI) could not agree on a decision as the Sindh transport department had announced a seven per cent cut in the intra-city public transport fares and a 20 per cent cut in the fares of school buses.

In a transporters meeting, the KTI only agreed to cut the fare of diesel buses. The meeting also decided that the slash was only for buses and not for coaches and minibuses.

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KTI General Secretary Afridi said, “Now it will be inscribed on the public buses whether they are running on diesel or compressed natural gas (CNG).”

However, Transport Minister Mumtaz Ali Jakhrani remains adamant that the reduction is for all the buses whether they run on CNG or diesel.

The prices of petroleum have been reduced thrice in a short span of time recently from Rs103.5 to Rs94, then to Rs84.5 per liter, and now up to Rs78.28.

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