Social Affairs
Fare exemptions weigh down Seoul subway’s massive deficit
Nov. 2, 2015
The increasing number of those taking subways for free, mostly seniors, has contributed to subway operators’ rising deficits, officials said Monday.According to the Seoul Metropolitan Government, 7 of 9 Seoul subway lines recorded about 425 billion won ($373.5 million) in deficit last year, showing little improvement from previous years.Of them, subway Line No. 3 which runs from Ilsan, Gyeonggi Province, to Ogeum in southwestern Seoul through central and southern portions of the capital recorded