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Taxi cab fares to become pricier

Published: 15th September 2012 01:10 PM  |   Last Updated: 15th September 2012 01:10 PM   |  A+A-

The increase of diesel by Rs 5 is all set to impose more strain on the common man as cab fares will also increase in the coming week. This is the second time this year that cab fares will rise due to an increase in diesel prices.

“This time the price has risen by Rs 5 and not by Re 1 or 2, so the tariff hike is inevitable. Right now we are discussing the matter, and once everything is finalised, we will decide the new fares,” manager of Orange cabs M Sashtry said.

He added that the matter will be taken up with the taxi drivers, who are in a better position to decide how much to increase.

Additional marketing manager of Sigma cabs Balaji Naidu also confirmed that fares are all set to go up soon. “It has just been a day, and it’s too soon to decide the tariff right now. But fares will increase for sure. Spending Rs 5 on a litre of petrol means a driver will have to shell out a few hundred rupees per day,” he explained.

Both Sashtry, and Naidu opined that this wouldn’t have any negative impact on customers, but would be a burden on drivers themselves who mostly own the taxis they drive.

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