The Private Bus Owners Association has called off their strike after the government agreed to increase the bus fare by 12.5%.
The government has also agreed to increase the minimum bus fare to Rs. 12.
The Private Bus Owners Association said it had decided to launch a continuous strike from midnight today demanding a higher increase in bus fares.
Its President Gemunu Wijeratne said his organization was not happy with 6.56% percent bus fare hike, approved by the Cabinet.'
The private bus owners said they needed a 20 percent increase in bus fare and a minimum fare of Rs. 15.
However, after discussions with the private bus owners, the government has agreed to increase the bus fare hike by 12.5%.