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Wahanaya Team · 5 days ago

Diesel's Still Rs 62 a Litre Below Cost — Why Is Petrol Catching Up Faster?

After the November 1 fuel hike, Verité Research says diesel at Rs 397 is still about Rs 62 below its cost-recovery formula price, while petrol's gap to its own formula price actually widened even after Petrol 92 rose by Rs 10 to Rs 424. Both fuels are still sold under their true cost, but diesel is getting the bigger break. Side one: keep diesel cheap because SLTB buses, lorries and vans run on it, and raising it pushes up the price of almost everything else in the economy. Side two: most private "diesel" vehicles on the road now are SUVs and double cabs, not buses, so the subsidy mostly helps people who can already afford a bigger vehicle, while petrol tuk and bike owners get no such break. If CPC moved both fuels to full cost-recovery tomorrow, who actually gets hurt more — the trishaw driver on petrol, or the diesel double-cab owner? What's your real cost per litre now, and has it changed what you drive or what you'd buy next? ඔයාගේ ඩීසල් එකේ සැබෑ පිරිවැය මොකක්ද - බස් එකටද, නැත්නම් ජීප් එකටද වැඩිපුර වාසි?
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