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THIRUVANANTHAPURAM: The Cabinet Sub-Committee on bus fares has agreed to make allowances for and reflect the latest round of diesel price hike even as it sits down to fixing the quantum of upward revision.

The Cabinet sub-committee met representatives of bus operators and reportedly consented to the prospect of revising the fares. It, however, felt that the acceptable rate of increase needed to be worked out, including the impact of the proposed diesel price hike with effect from August 15.

On their part, the operators urged the Government to set up a transport regulatory commission that would decide on fares on the basis of periodical revision in fuel prices.

The bus operators felt such an arrangement had become imperative if only to save the State and the transport sector from the prospect of frequent agitations demanding fare hike.

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