Srinagar: Lieutenant Governor Manoj Sinha-led Administrative Council has approved a fare hike of 19 percent for all categories of commercial passenger vehicles, officials said today.
“To provide relief to commercial passenger transporters operating in Jammu and Kashmir, the Administrative Council (AC), which met here under the chairmanship of Lieutenant Governor, Manoj Sinha, approved a fare hike of 19 percent for all categories of commercial passenger vehicles,” read an official handout.
The decision has been taken on the basis of cost analysis based on fuel rates, toll tax, operational and maintenance cost, and losses incurred due to COVID-19 lockdown; undertaken by the Transport Commissioner for the consideration of the Fare Revision Committee, it said.
Earlier, the Fare Revision Committee recommended a 19 percent fare hike to make the plying of commercial passenger vehicles in J&K financially viable, taking into account the prevalent prices in the neighbouring states of Uttarakhand, Himachal Pradesh, Punjab, and Haryana.
Pertinently, the previous fare revision in Jammu and Kashmir took place two-and-half years ago and the fare remained unchanged ever since, the handout said.
