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Wednesday, March 12, 2014

Transport Groups Says: 'Public Can Afford Fare Hike'

Jeepney operators claimed that commuters in the National Capital Region, Reg. 3 and Reg. 4 can afford the proposed fare hike given the wage increases implemented since the government set the minimum fare in 2011. Petitioners of a Php 2 jeepney fare hike said that when the Land Transportation Franchising and Regulatory Board (LTFRB) set the minimum jeepney fare at Php 8 in January, 2011, the minimum wage rate was Php 404 per day in NCR and Php 302 in Reg. 3 and Php 315 in Reg. 4. In a 4 page supplemental motion the petitioners urged the LTFRB to grant their request to implement a 50 centavo fare hike while their main petition for a Php 2 increase is pending for resolution. The petitioners also cited the report to of the Dept. of Energy that price of diesel fuel presently ranges from Php 43 to 45 per Liter. Aside from fuel costs, the petitioners also cited the increase in operational costs, taking for instance the hike in price of motor oil. The LTFRB said it would resolve the petitioners request for provisional increase this week. Resolution of the case however may wait until April after petitioners have requested for 2 more hearings to present additional evidence to justify the fare increase. 
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