Bus fare to reduce 5 paise per km

The government has decided to reduce the bus fare by five paise per kilometer due to the reduction in fuel prices.

The decision was taken at a meeting held at the Bangladesh Road Transport Authority's (BRTA) head office in the capital’s Banani on Wednesday.

The new prices will be effective from Thursday, he added.

The fares for inter-district and long routes buses and mini buses will be decreased to Tk 2.15 per kilometre from the existing Tk 2.20 per kilometre. The bus fare in Dhaka has decreased to Tk 2.45 per kilometre from the existing Tk 2.50 per kilometre.

The minimum bus and mini buses fares in Dhaka have been fixed at Tk 10 and Tk 8 respectively.

On Monday, the government lowered fuel prices by Tk5 per litre 23 days after raising them by up to 51.68 per cent.

Prices of diesel and kerosene will now be Tk109, petrol Tk125, and octane Tk130 per litre at the filling stations, State Minister for Power, Energy, and Mineral Resources Nasrul Hamid told UNB.

On August 6, BRTA increased fares of inter-district and long route buses by 22 percent and 16.27 percent in Dhaka as the government increased fuel prices to a record high amid the volatility in the global market.

Diesel and kerosene retail prices were fixed at Tk114, petrol at Tk130 per litre and octane at Tk135 per litre.