Home / News/ Govt. confirms 6.5% bus fare hike from 1 July

Govt. confirms 6.5% bus fare hike from 1 July


Comments / {{hitsCtrl.values.hits}} Views / Monday, 12 June 2017 01:15


  • Minimum Rs. 9 bus fare will be increased to Rs. 10
  • Lanka Private Bus Owners’ Association claims no base for expressway price hike according to the annual pricing formula
  • Suggests to do away with annual price revision, introduce reasonable fare for running cost
  • Wijeratne says there is a monopoly in expressway operations
  • Calls on Govt. to address loopholes in archaic regulations

By Charumini de Silva 

Transport and Civil Aviation Deputy Minister Ashok Abeysinghe yesterday said that bus fares will increase by 6.5% from 1 July.

Accordingly, the minimum Rs. 9 bus fare will be increase to Rs. 10, while other fares will be altered by Rs. 1 and Rs. 2 respectively.

While confirming the price hike, Lanka Private Bus Owners’ Association (LPBOA) President Gemunu Wijeratne told Daily FT that the authorities must do away with the annual price revision and get a new pricing formula where buses will be paid according to a reasonable running cost which will not pass on the price hike burden to commuters.  

He said the annual price revision is applicable for 10 categories of roads, but there is no proper formula to decide on the price increase along the expressways.

“The expressways are not included in the categories and we have no idea how the price hike calculation is made,” he pointed out.

With the bus fare hike effective from 1 July, Wijeratne anticipates the current Maharagama-Galle bus fare of Rs. 390 will be increased to Rs. 430.

“The expressway bus fares are extremely high. There is a monopoly. No new licenses have been issued in the recent past,” he claimed.

He highlighted that they had suggested to the Government several times to liberalise the market, which will allow ordinary buses to operate along the expressway, which he termed to be more “economical” for passengers.

“If the Government can allow ordinary private buses also to operate people can travel up and down for Rs. 400. I do not think normal passengers are looking at the luxury of air conditioning for just a one and half hour drive along the expressway which is also dust-free. They are more concerned with the price factor,” he stated.

At present around 300 buses are operating along expressways.

He claimed that even though Transport and Civil Aviation Minister Nimal Siripala de Silva and other authorities have been informed of these situations, the suggestions they have made have been ignored for the past one and half years

Wijeratne also stressed that the archaic regulations needed to be reviewed accordingly as there were many loopholes which needed immediate attention to provide a better service to commuters.


Share This Article


DISCLAIMER:

1. All comments will be moderated by the Daily FT Web Editor.

2. Comments that are abusive, obscene, incendiary, defamatory or irrelevant will not be published.

3. We may remove hyperlinks within comments.

4. Kindly use a genuine email ID and provide your name.

5. Spamming the comments section under different user names may result in being blacklisted.

COMMENTS

Today's Columnists

Top Cola brand crashing globally; lesson for Sri Lanka

Friday, 20 July 2018

We have heard the age old adage, if a brand is not in line to the trends of a customer, they will cease to exist over time.


Religion and politics: a tale of two hypocrisies

Friday, 20 July 2018

It was the best of times, it was the worst of times; it was the age of wisdom, it was the age of foolishness; it was the epoch of belief,


Sri Lanka’s Trade Information Portal – Bringing local traders one step closer to the global market

Friday, 20 July 2018

Sri Lanka’s traditional lacework famously known as Beeralu is slowly moving into the spotlight of the global fashion industry


Building great organisations: What will it take in the future?

Friday, 20 July 2018

I would like to begin by congratulating the Great Place to Work Institute for organising this event to recognise ‘Sri Lanka’s Best


Columnists More