“The form of protests will be decided on Thursday. The government has not accepted our demands and we will face losses due to that,” said Sadhan Das, president, Joint Council of Bus Syndicate.

With the bus associations dissatisfied with the fare chart, the city seems to be heading for another transport strike.

The transport minister, however, said: “We have accepted the demands of the bus unions and have structured the new fare chart in that way. Again in April we will sit for further discussions. The problem of change raised by the unions is a matter that we will take up with the Reserve Bank.”

“If the associations resort to token protests it is fine. But if major service disruptions take place then we will take necessary action,” he added.

The reduction of basic taxi fare by Rs 2 and waiting charge by 50 paise remained unchanged.