Public transport operators have announced further fare cuts after a recent reduction in petroleum prices.
How much have public transport fares been reduced?
According to reports, several transport companies have reduced ticket prices by up to Rs100.
Goods transport charges have also been cut by up to three per cent.
What has changed in transport fares?
Lahore Regional Transport Authority (RTA) Secretary Rana Mohsin said new fare lists have been displayed at all bus terminals.
He warned transport operators against charging passengers according to old rates or collecting more than the officially approved fares.
Authorities will take action against those found violating the new fare rules.
When will the new fares take effect?
The revised fares will come into effect immediately at all bus terminals.
Authorities said the fare reductions aim to pass on the benefit of lower petroleum prices to the public.
Goods transporters announce huge reduction in fares
Recently, the All Pakistan Goods Transport Alliance announced a 5 per cent reduction in goods transportation fares.
The announcement was made after the government lowered petrol and diesel prices previously.
Alliance president Malik Shehzad Awan said the cut followed falling petroleum prices over the past four to five days. He also welcomed the relief and urged further reductions for the transport sector.
The Oil & Gas Regulatory Authority (OGRA) on Thursday changed the petrol and diesel prices, with the new rates taking effect from Friday, November 6.
What are the petrol and diesel prices today?
The Oil & Gas Regulatory Authority (OGRA) on Tuesday changed the petrol and diesel prices, with the new rates taking effect from Wednesday, November 11.
The price of petrol was decreased by Rs8, and the price of diesel was decreased by Rs7. A notification has been issued in this regard as well.
The price of petrol has been set at Rs338 per litre, and the price of diesel has been set at Rs371 per litre. These prices have been set for the next 24 hours.
