LAHORE: Following the reduction in fuel prices, the Lahore district administration has imposed a 5 percent decrease in public and goods transport fares on Thursday.
According to the notification, the decision to reduce transport fares in the Lahore district was taken after the federal government reduced petroleum products’ prices by Rs 10.
The administration has also initiated a crackdown against transporters who fail to display fare lists or overcharge passengers. So far, a collective fine of Rs 350,000 has been imposed on transporters for overcharging
Earlier, the Punjab government reduced transport fares across the province by Rs30 to Rs70 after a recent decrease in petroleum product prices.
Following the directives of CM Maryam Nawaz, the fare reduction has been implemented immediately and district administration is actively administering fare schedules at all bus terminals, Punjab govt spokesperson Uzma Bukhari said.
Last week, the federal government slashed the prices of petrol and high-speed diesel (HSD) for the next fortnight by Rs10 and Rs13.06, respectively after the prime minister’s approval. The new petrol price is Rs249.10 per litre and HSD is sold at Rs245.01.
