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Railway ticket fares to increase this month

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Sri Lanka Railways has announced that ticket prices will increase this month.

Dhammika Jayasundara, General Manager of Sri Lanka Railways, stated that ticket prices will rise to 40% of the bus fare this month, as approved by the Cabinet.

He stated that increasing ticket prices is expected to reduce the Sri Lanka Railways’ loss by Rs. 6 billion.

According to Jayasundara, the train ticket price is currently about 20% higher than the bus fare.

According to the General Manager, the railway department loses around Rs. 30 million per day as a result of the current ticket charges.

He said that Sri Lanka Railways spends Rs. 45 million on fuel daily, however, only generates a daily revenue of approximately Rs. 15 million.

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