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


Today's Columnists

Lloyd Yapa’s treatise on export competitiveness: A must reference book for SL economic policymakers

Monday, 11 December 2017

A pressing economic problem faced by the present Government, and any government that would come to power in the future, is the dwindling export earnings.

Brand Excellence – How it all started

Monday, 11 December 2017

Brand Excellence 2017 has just been concluded and it is good to see all the winners proudly displaying their trophies and accolades in recognition of their brand marketing strategies.

Excellence as essence: Reaping the richness of resourcefulness

Monday, 11 December 2017

An annual convocation is an event to remember the social obligation we have in order to produce leaders of the right calibre to the nation.

Nuwara-Eliya, a lost horizon

Saturday, 9 December 2017

Nuwara-Eliya is a pretence. Holding out as a ‘little England’ or a miniature Switzerland, the place is a groundless boast, a show a long way from getting on the road. What immediately hits the visitor to the township in the hills are the dissimil

Columnists More