The Cabinet of Ministers this morning gave approval to increase bus fares by 6 percent, with effect from August 01.
Accordingly, the minimum bus fare will be increased to Rs. 9 from Rs. 8.
The Cabinet took the decision following a report submitted by Transport and Civil Aviation Minister Nimal Siripala De Silva based on new formula, created by a panel of eminent scholars appointed by him. (Sandun A. Jayasekara)