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Monday, May 6, 2024

SRT Board approves Red Line fare reduction

The announcement was made yesterday (September 21) by SRT governor Nirut Maneepan, who explained that the initial proposal for the 20 baht fare for the Red Line mass transit train, which runs from Taling Chan to Bang Sue and on to Rangsit, will be submitted to the Transport Ministry for consideration next week. By law, any fare adjustment proposal must comply with Section 27 of the Financial Discipline Act, which specifies that if any government agency has a measure or project that affects its revenue, it must be accompanied by a budget and expenditure plan, including the implementation timeline and the benefits to be gained.

If the Transport Ministry approves the proposal, it will then be forwarded to the cabinet. The financial scrutiny process under Article 27 will be the responsibility of the Finance Ministry. It is expected that this fare adjustment will align with the policy of…

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