Private bus owners have questioned the government as to why they are not reducing the train fares after introducing a fuel price reduction recently.
The National Transport Commission’s (NTC) decision to reduce bus fares by 4% effective from January 6 has caused concern among private bus operators.
Speaking to The Sunday Leader President Lanka Private Bus Owners [...]
Minister Dulles Alahapperuma said that the Transport Ministry was contemplating the reduction of railway ticket fares in tandem with the bus fares reduction after the decrease in the diesel fuel prices announced by the government in the New Year’ relief package. He said the decision on whether to reduce the train ticket fares would be taken next [...]
Hard on the heels of last Thursday’s hike in bus fares by 27.2 per cent, the Railway Department imposed a 90 percent increase in fares from yesterday.“The minimum fare will be doubled. The charge per kilometre has been increased by 90 percent,” the Railway’s Commercial Manager Wijeya Samarasinghe said.
Minister Dullas Alahapperuma The worst hit by [...]
A top official of a government body said freezing prices of government output was an ‘economic crime’ because the popular concept of ‘government bearing the burden’ had no factual basis.
“Suppressing prices and freezing them is an economic crime,” head of Sri Lanka Railways Lalithasiri Gunaruwan told reporters. “It is not raising prices that cause an [...]
Sri Lanka railways will almost double rail fares to reduce losses and its dependence on government handouts as fuel prices continue to move up, officials said.
From Monday fares of privately owned buses were raised by 27.2 percent and state-run buses by 17.0 percent. Rail fares were last raised in 2005, but bus fares have been [...]
Railway ticket fares are to be increased with effect from first of June. This information was revealed today by the Ministry of Transport.
The fare increase amount has not yet been finalised and is still being discussed by the Railway Department and the Ministry of Transport. Nevertheless, the increase will be less than the 17.7% increase [...]
As the latest fuel price increase came into effect on Sunday, the Railways Department called for an immediate and substantial increase in train fares to offset massive losses which would have a detrimental impact on the national economy.
Railways General Manager Dr. T. Lalithasiri Gunaruwan said the department had been running at a staggering loss even [...]
This article was published in the Island newspaper some years ago; as a result, some of the figures quoted in this article have changed during the intermediate period. Nevertheless, we republish this article since the content is still valid today as the day it was published.
The Railway is over 130 years old and when it [...]
