Sri Lanka, April 22 -- Minister of Transport Bandula Gunawardena stated that loans are now required even for the maintenance of railways.

Joining an event held in Kegalle, Gunawardena mentioned that the Sri Lanka Railways is making losses continuously.

The Transport Minister disclosed that Sri Lanka has recently borrowed 500 buses from India under the Indian credit line aimed at facilitating transportation to schools and hospitals in remote areas. He also emphasized that without resorting to loans, the state-owned Sri Lanka Transport Board (SLTB) would struggle to acquire buses.

"Recently, the government has borrowed 500 buses from India under the Indian credit line and deployed them in areas where children have no buses to go to schoo...