Fuel price hike: Private bus operators warn of halting services from June 1
Private bus operators are warning that they may have to halt services if diesel prices continue to rise. The Bus Operators Federation stated that the recent increase in diesel prices has made it difficult for them to cover operational costs. They are calling for government intervention to provide subsidies and prevent further price hikes.
- ▪Diesel prices have increased by more than ₹5 in the past ten days.
- ▪A 300-km bus service requires around 100 litres of diesel per day.
- ▪The Federation is urging the government to waive duties and provide subsidies to support the private bus industry.
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Private buses could be forced to halt services if diesel prices continue to rise, as operators may no longer be able to bear the fuel costs. A statement issued by the office-bearers of the Bus Operators Federation said here on Saturday that in the past ten days, the price of a litre of diesel has increased by more than ₹5.Around 100 litres of diesel are required to operate a 300-kmr service in a day. One litre of diesel costs ₹ 101. Most of the buses are now operating without getting adequate daily income to foot the fuel bills and the wages of the workers. If the fuel price hike continues, the Federation will be forced to stop the bus services, said a joint statement issued by K.K. Thomas, Federation State president; Hamsa Erikkunnan, general secretary; and M.S.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at The Hindu — Top.