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COLOMBO (News 1st); Despite the increase in fuel prices, key transport unions in Sri Lanka have decided not to raise fares for school children and three-wheeler passengers.
The All Island School Children Transport Association announced that it will maintain current fare levels.
Association Chairman Malshri de Silva confirmed that no fare revisions will be made at this time.
Echoing this stance, Nishantha Kumara, Secretary of the Professional Three-Wheeler Owners’ Association, also stated that their members will not increase fares in response to the fuel price hike.
The Ceylon Petroleum Corporation has announced fuel price revisions effective from 1st July.
Accordingly, the price of a litre of Lanka Auto Diesel, which was previously Rs. 274/=, has increased by Rs.15/= bringing the new price to Rs. 289/=.
The price of a litre of Kerosene, which was Rs.178/=, has increased by Rs.7/=, bringing the new price to Rs.185/=.
The Price of a litre of Octane 92 petrol, which was Rs. 293/= has increased by Rs. 12/= bringing the new price to Rs. 305/=.
There will be no change in the prices of Lanka Super Diesel and Octane 95 petrol.
The National Transport Commission (NTC) says that the previously scheduled bus fare revision will not take effect today, citing a recent increase in fuel prices as the reason for the delay.
The Commission had earlier declared a 2.5% reduction in bus fares, set to be implemented from today (1).
However, in light of the fuel price hike, the NTC stated that fare adjustments are now under review, and further decisions will be communicated in due course.