KARACHI – Transporters have not reduced fares yet despite cut in POL prices, TheNation has observed. On Friday the government announced to cut petrol and CNG prices by up to Rs10.46 per liter and Rs4.37 per kg respectively. After the announcement common public had hoped that fares of public transport will be reduced but transporters are reluctant to reduce fares. Osama Khan Worker of garment factory, told he spend Rs50 per day on bus fare. He said that the government has reduced the POL prices but the transporters had not decreased the public transport fares. He demanded government to take strict action against the transporters mafia.Another school teacher Zeeshan Farooqui said that common people are already frustrated due to increasing cost on food items. The government has announced a favorable decision by reducing the prices of POL products but the transporter are not interested to reduce the fares because they are busy on looting the public by getting huge fares.On the other hand, transporters have a different story. Mehboob Afridi General Secretary of Karachi Transport Ittehad said we had increased the fares in April 2011 on the direction of Sindh Transport Ministry.He said in the said period the transporter has not increased their fares. We have not received any notification from Transport Ministry for reducing the fares.Meanwhile, Commissioner Karachi Roshan Ali Sheikh has said that public transporters of Karachi should reduce bus fares following the significant reduction in prices of petroleum products to give relief to the commuters. In a statement, he said the transporters should reduce bus fares voluntarily. He informed that All Pakistan Oil Tankers Association has agreed to reduce their fares by 5 per cent. He emphasized that the public transporters should also reduce the fares as a goodwill gesture to commuters. He was of the view that the decrease in fares is must in order to avoid any unpleasant incident between commuters and transport runners.