Kochi: The private bus strike slated to begin on Tuesday has been postponed.
The development came following discussions between Transport Minister Antony Raju and Private Bus Owners Coordination Committee.
The minister said the demands raised by the bus owners will be taken into consideration and efforts will be made to find a resolution in 10 days (November 18).
There will be further discussions in the coming days, the minister said.
Representatives of the Bus Owners Committee hailed the government's response and said they were hopeful of finding an amicable solution.
The Committee's primary demand is to see a hike in fares in view of the rising fuel prices.
They are also demanding that the minimum charge be increased to Rs 12, the fare for students be hiked to Rs 6, and Rs 1 be charged for every additional kilometre.
Calls were also raised to see buses exempted from vehicle tax until at least the end of the year.