Local Bus Services

I wish to introduce the concept of local bus services. I propose that it operates as follows:

a) Use light buses
b) Runs a specific route in a town
c) Uses the existing bus stops
d) Actively publicised through maps at bus stops
e) Operated by small operators
f) Licences to be given based on service level and commuter demand
g) Can be exempted from road tax and ERP, so as to bring down the cost for commuter
h) Fares to be controlled

Some taxi drivers may be interested to be operators of these light buses. This will reduce cost and create a more efficient public transport system.