The Public Transport Service Corporation (PTSC) is currently preparing a draft note to take before Cabinet for an increase in the current bus fares, which have not been increased since 1990.
The move is part of the PTSC's strategic plan to make itself less dependent on the Treasury, general manager Ronald Forde told a Joint Select Committee yesterday.
He said while maxi-taxis and private taxis have increased their fares numerous times over the past 26 years, the PTSC has not. He stressed the measure was not intended to place a financial burden on the public accessing the bus service, but was rather "to make the ticket more reasonable to realise some sort of revenue to offset the subsidies coming to the PTSC."
He admitted they had not conducted any consultation to measure public reaction. But in giving a comparison, he said the taxi fare from San Fernando was now $19 while the bus fare for the same route was $6 and the deluxe coach service was $10.
Compared to other Caricom territories, Forde said, while the senior citizens fare was recently increased in Jamaica, in T&T it was accessed free once a citizen crossed 65. Adding that students in uniform also got free transport, Forde said this measure led to a shortfall in PTSC revenue of $14 million.
Listing the challenges the PTSC had encountered during the last couple of years, Forde said the current bus fleet was old, there was a lack of available parts and inventory and an inadequate number of buses.
Asked to rate the PTSC service at this time, Forde described it as "fair."
Aware it was not living up to the expectations of the commuting public, he said the average age of a bus fleet globally was eight years while in T&T, the current fleet was now double this at 16 years.
"For us to get it right, we need the injection of resources into PTSC and the bus service," Forde said.
He said they had been unsuccessful in securing funding through the PSIP since 2011 in order to expand the GPS service.
On another note, Forde said technology had played a part in helping officials to immediately determine certain facts in Monday's fatality in St. Augustine when a teacher was knocked down by a bus driver.
Saddened at the tragic accident, Forde said technology allowed them to ascertain the driver "was way below the speed he was supposed to drive at."
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