There is severe shortage of fuel including petrol. In Sri Lanka, an ordinary bicycle is sold for Rs.50 thousand.
Colombo: Due to the economic crisis in Sri Lanka, people are struggling to meet their basic needs.
There is severe shortage of fuel including petrol. 1 liter of petrol is sold at over Rs.450. Even after waiting in a long queue for many hours, petrol is not available.
So many car and motorcycle users in Sri Lanka have started using bicycles. Due to this, there was a shortage of bicycles, which are selling hot in the bicycle shops. Due to this the price of bicycles has gone up.
In Sri Lanka, an ordinary bicycle is sold for Rs.50 thousand. Many people still compete and buy it. The demand for bicycles in Sri Lanka has increased as the number of cyclists is increasing.
As the middle class cannot buy a bicycle for Rs.50 thousand, they have decided to dust off the old bicycles lying around their houses and repair them.
