Cuttack: Following the cut down of excise duty and VAT on fuel by both Centre and State, the price of diesel has come down in the State and Government has reduced the fare of all categories of passenger buses.
The State Transport Authority (STA) has issued an order revising the bus fares as per the automatic mechanism.
Due to decrease in per litre diesel price from Rs 102.34 per litre on October 16, 2021, to Rs 91.61 per litre today that led to reduction of price by Rs 10.73 per litre.
“Therefore, the fare for stage carriages other than town buses plying within the State shall be fixed at a decreased rate. It will be effective from the date of issue of order,” said the STA.
As per the STA order, the fare of Ordinary and Express buses has been reduced by 5 paise per km whereas, it has decreased by 10 paise per km for Deluxe and AC Deluxe buses.
Similarly, the fare of Super Premium buses slashed down by 15 paise per km. The bus fare in the State was last revised on October 16 following a hike in the diesel price.
While the fare for Ordinary buses has been reduced from 92 paise to 87 paise per km, Express buses fare has been slashed down from 96 paise to 91 paise per km.
Similarly, the fare of Deluxe buses has been reduced to Rs 1.25 from Rs 1.35 per km and AC Deluxe buses from Rs 1.73 to Rs 1.53 per km.
Moreover, the travelers in the Super Deluxe will now have to pay Rs 2.38 per km instead of Rs 2.53 per km.
Very recently, the Centre had cut down the excise duty on diesel by Rs 10 per litre while the Odisha government has reduced VAT on the fuel by 4 per cent (approximately Rs 3 per litre).