Transporters raise fares by 30pc as ‘subsidy falls short’

Transportation operators implement significant fare increases of up to 30% citing insufficient government subsidies, creating a ripple effect across the economy. The hike directly impacts the cost of essential goods including fresh produce, fruits, and construction materials. Supply chain disruptions and rising operational expenses force businesses to pass additional costs to consumers, affecting household budgets and economic stability. Industry stakeholders demand improved subsidy mechanisms to stabilize pricing.