Written by Teena Marian
28 Jun, 2022 | 1:32 pm
COLOMBO (News 1st); Sri Lanka’s Cabinet of Ministers granted approval to revise the railway charges for passenger transport, goods transport, and postal transport.
Sri Lanka Railways had adopted a concessionary payment system for passenger transport in terms of state policies.
However, due to the rapid price hike of fuel experienced recently, the recurrent loss of the Department is on the rise too. Therefore, it has become vital to increase the income earned by the Department in order to sustain a satisfactory railway service.
Accordingly, the Cabinet of Ministers approved the proposal furnished by the Minister of Transport and Highways to revise the railway charges categorized as passenger transport charges which had not been revised for more than five (05) years, the goods transport and postal transport charges which have not been revised approximately in fourteen (14) years
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