Train fares upped

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Sri Lanka Railways announced that train ticket fares will be increased from next week. Accordingly, the minimum fare for a third-class ticket will go up to Rs 20 from 12 July.

It was reported earlier that train fares will rise to 40 to 50 per cent of bus fares. General Manager of Sri Lanka Railways, Dhammika Jayasundara said, the increase will reduce the company’s loss by Rs 6,000 million and fuel expenses by Rs 12,000 million. He said the fare increase can be implemented at any time during the month, as Cabinet approval has been granted.

According to Jayasundara, the present train ticket price is about 20 per cent of the current bus fares, and the Railway Department loses around Rs 30 million per day as a result of the present ticket prices.

By Kumudu Jayawardana