Cab fares to increase in city

The same situation is present this year as well with the budgetary allocation being less than what is required. CTU officials state that with an increase in the price of diesel,more funds will be asked for in the revised budgetary estimates. CTU had earlier proposed a hike in the fares,which,however,had not been approved. Officials now state that a hike in the fares is likely to be proposed soon.

The operators of the radio cabs meanwhile state that they will be proposing a hike in the fares shortly. A cab operator claimed that the cost of operations will increase by Rs 1 lakh a month. Also with the increase in diesel prices,the cost of other essential commodities is likely to go up. Due to this,a hike in the fare is likely. He added that the last time the fares were hiked,it took the Administration almost a year to reach a decision.

Meanwhile,chairman of Federation of Sectors Welfare Association,Chandigarh,P C Sanghi condemned the hike saying that household budgets will be disturbed. “The increase in cost of diesel will have a spiraling affect on other commodities. The price of electricity has also increased. The residents are being burdened by this,” said Sanghi.