Mahbub Uddin Ahmed, president of the launch owners' association, said the government would have to increase the launch fare by 100 per cent due to the increase in oil prices. He has given ultimatum to the government to take a decision in this regard by Saturday.
He came up with the disclosure at a news conference in the capital on Friday that the current situation would not allow them to operate the launch.
"Hopefully, the government will accept our proposal by noon tomorrow (Saturday)," he added.
Every day, millions of people from the southern districts of the country travel to the capital Dhaka by launch.