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Govt. has introduced mechanism to fair fuel price

13 Feb 2012 - {{hitsCtrl.values.hits}}

Acting government spokesman, Environment Minister Anura Priyadharshana Yapa said the government for the first time has introduced a mechanism to pay a fair price for fuel by the affluent and a lesser amount by the low income groups.

Addressing a news briefing at the Information department to explain the circumstances that led to Saturday’s fuel price increase, Minister Yapa said the relief packages proposed for the private bus owners, three wheelers, fishermen and school van owners have exempted the poorer sections from paying a higher fuel price.

“In the past the fuel subsidies granted by the government were enjoyed by all despite their income or ability to bear the cost. The price of a litre of diesel was the same for the rich and poor. But with the introduction of the relief packages for those who cater to the poorer sections of society will benefit the public as it will not affect bus fares, school van fares or fish prices,” Minister Yapa stressed.

He added that Sri Lanka still sells fuel comparatively cheap even after the recent price hike. For instance, a litre of petrol in India is Rs. 161, in Singapore Rs. 204, in Japan Rs.227, in Denmark Rs.244, in Australia Rs.177, in Brazil Rs.181, in New Zealand Rs.208 and in Norway Rs.300. (Sandun A. Jayasekera)

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Govt. has introduced mechanism to fair fuel price

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