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Diesel Price Hiked by Rs 5/litre - Petrol, Kerosene Spared

  •   Thu, Sep 13 2012 09:19:08 PM

New Delhi, Sept 13 (PTI):
 
The government today decided to hike diesel prices by Rs 5 per litre effective midnight tonight, but left petrol, kerosene and LPG rates untouched.

The Cabinet Committee on Political Affairs, headed by Prime Minister Manmohan Singh, this evening decided to raise diesel prices by Rs 5 per litre, excluding VAT (value-added tax).

It also decided to restrict supply of subsidised cooking gas to six cylinders per household in a year.

Diesel in Delhi costs Rs 41.32 a litre and after this hike, it will cost Rs 46.95, after considering 12.5 per cent VAT on the hike.

Petrol needed a hike of Rs 6 per litre but the government offset that by reducing excise duty by Rs 5.50 per litre from existing rate of Rs 14.78 per litre.
  

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Comment on this article

  • ISMAIL.K.PERINJE, PERINJE-YANBU/KSA

    Fri, Sep 14 2012

    Mr Ravi Shanker Shanava,rightly said.To day bull roared with a bang!!It is a reaction for a increase in Diesel price by Rs 5.In fact fundamentals of healthy economy is tax/revenue collections.Subsidy is against healthy life of economy.Even world bank against sops and subsidies.I think when all these subsidies for fuel are with drawn then PETROL go up Rupees 100 plus and Diesel will be well behind petrol.That being said why can't central and state Govt forgo some portion of TAXES which said be highest.

    DisAgree [8] Agree [5] Reply Report Abuse

  • Ravi Bhaskar Shenava, MANGALORE

    Fri, Sep 14 2012


    The entire Nation is angry at govt for increasing diesel price as it will boost inflation further and make the life of common man miserable. All the opposition Parties as well as majority of the allies of Ruling party are also unhappy about the increase of diesel price.
    But shockingly the Share Market is very Happy, which is reflected today by 450 points jump in Sensex. Is this called fishing in someone's pool of tears ?
    Why the sentiment at Share market is always the opposite of sentiments of common people ? The heartless Profiteers always make money in the misery of other people, be it natural calamity or man-made problems.

    DisAgree [1] Agree [15] Reply Report Abuse

  • Rathnakara A, Shirva

    Fri, Sep 14 2012

    If the government is providing good governance, then I can understand the price hike. But this government is privatizing all profitable national resources ( Like Coal, Spectrum, 2G, 3G, thorium etc)and making themselves and their relatives near and dear ones rich and rich day by day. At the same time they want aam aadmi to take burden of all their wrong doings. If the government wants they can generate income by many ways. But the soft target is Aam Aadmi. We protest for 2 days, they will reduce the hike by 1 Rs and we all will be happy, and also we will forget 2G, Coal etc. Supreme court must order independent enquiry against all those people who become rich suddenly (especially politicians). Like Raja, Kalmadi, Sharad Pawar,Chidu, Jaiswal, Sonia, Deve Gowda and family, Yeddi, Reddi etc. Our PM Maun Mohan sign, not only opening his mouth and also not acting. At least I will not call him a great economist. He not even a economist.

    DisAgree [1] Agree [11] Reply Report Abuse

  • Sagar, Mangalore

    Fri, Sep 14 2012

    Are you aware what will happen because of this? Corruption, scam will increase because of this. How will you track the different vehicles?

    It's not about diesel prices. The government has done its share with corruption, scam. There is no way to fill the fiscal deficit as each penny has been combed and moved to swiss bank.

    Are they aware how it will affect the common people. They have reduced the excise duty for the oil companies. However, it doesnt make any use to people as this will help oil companies to make profit.

    Each commodities and services in India are taxed. Still they are not able to solve the issues? First, we need able leaders/ economists who can create proper policies.

    Somewhere I feel they are sure that UPA wont be elected during next election. So they want to burden the people before the end of their term.

    Next year, even if NDA is elected they won't lessen the cost.

    DisAgree Agree [5] Reply Report Abuse

  • Allen, Mangalore

    Fri, Sep 14 2012

    For the public transport system diesel should be made available at subsidized rate and private diesel vehicles should be made to pay unsubsidized rate to compensate the loss to a certain extent.

    DisAgree [1] Agree [10] Reply Report Abuse

  • Santhosh, Udupi

    Fri, Sep 14 2012

    Lobo, Bangalore

    For the time being Indians can see only the big picture of SCAMS...UPA is not at all bothered about the country's economy.....in fact all the politicians are busy in doing SCAMS & defending their corruption charges.

    DisAgree [3] Agree [19] Reply Report Abuse

  • Lobo, Bangalore

    Fri, Sep 14 2012

    Sad to see that the peop,le can't see the big picture. For our country to have a stronger economy these measures are essential!! I don't see why the whole population needs subsidised petrol, deisel, kerosene and lpg!! Subsidy needs to be provided only to those in need of it and not the entire population. Personally I don't vote as CORRUPTION exists in ALL POLITICAL PARTIES!! Real immature of people to have a cry against upa for the price hike!! Well if people were a little educated with a little knowledge about how economy works then I don't think they wouldn't have a cry.

    DisAgree [19] Agree [8] Reply Report Abuse

  • lukas, malpe

    Fri, Sep 14 2012

    good decision. subsidies only misuse by rich people. so better start monthly allowance for the BPL card holders.

    DisAgree [10] Agree [5] Reply Report Abuse

  • jeevan, mangalore

    Fri, Sep 14 2012

    Thank you congress. Really we appreciate your concern for poor. If you want hike once again please do it we are with you till 2014..

    DisAgree [4] Agree [21] Reply Report Abuse

  • R.Bhandarkar., M

    Fri, Sep 14 2012

    This UPA 2 or whatever has given up on winning the 2014 elections. Ridiculous policies and the ceiling on LPG cylinders has furhter left a bad taste. They have entered the kitchen of a 'common woman' and are bound
    to face the backlashes. The only decisions this Cabinet seems to take is on 'price rising'. Sure there's going to be an uprising.
    You cannot take the entire country for a 'ride' like this.
    UPA- TATA for all purposes. Not that the 'Kichidi' alternative that will sprout wii be any better. God save us all.

    DisAgree [1] Agree [12] Reply Report Abuse

  • Ashwin, Mangalore

    Fri, Sep 14 2012

    Well, not to blame any Govt here. These are global scenarios un avoidable... few years back Cong blamed BJP for raising fuel prices now BJPs turn... why cant our State & Central Govts remove tax from these fuels ?????? is there a ans. my dear politically motivated friends...???? ( FYI i dont support Cong & BJP or any party)

    DisAgree [6] Agree [9] Reply Report Abuse

  • bharath, mangalore

    Fri, Sep 14 2012

    as expected no more comments from public !!! these people accept anything from congress !!!

    DisAgree [3] Agree [15] Reply Report Abuse

  • Rakesh shetty, mangalore

    Fri, Sep 14 2012


    ONLY ONE HOPES LEFT THAT IS UPA GOVT HATAVOO PETROL RATE BACHAAVOOO.

    LET US GIVE SOME SHOCK TREATMENT BIG FIGHT TO COMA UPA TEAM. ALL ARE WASTE CANDIDATES.

    OTHERWISE INDIANS MUST WAIT FOR NEXT ELECTION. THIS TIME BJP WILL WITH FULL MAJORITY. AFTER THAT DIESEL RATE WILL BECOME REDUCED TO 35RS PER LITR. JAI HO BJP.

    DisAgree [15] Agree [23] Reply Report Abuse

  • nagesh nayak, bangalore

    Fri, Sep 14 2012

    hey, Joseph F. Gonsalves, Bannur, Puttur / Mangalore,

    DO NOT TWIST THE REAL ISSUE .

    YOUR ITALIAN LED UPA IS HELL BENT ON DESTROYING INDIA , COMMON MAN , MIDDLE CLASS & POOR.

    WHY YOU ARE MUM ON COAL BLOCK SANCTIONED TO JINDal IN WHICH THEY AMASSED 56,000 CRORES.

    WHY YOUR MMS ALLOWED SUPPLY OF THORIUM ILLGALLY.

    WHY 2G, CWG, TATRA, DEWAAS , ADARSHA WERE NOT INVESTIGARED PROPERLY.

    YOUR MMS IS UNDER ACHIEVER & YOUR AMUL BABY IS IMMATURED.

    WHOLE WORLD IS LAUGHING @ INDIA DUE TO YOUR ITALIAN LED UPS'S KARNAMAS.

    PRICE HIKE IS JUST TO FILL THE POCKETS OF YOUR ITALIAN LED CONGRESS LEADERS.

    MOST CORRUPTED GOVT. IN THE WORLD IS INDIAN GOVT.LEAD BY A ITALAIN WITH SILENT & UNDER ACHIVER PM.

    JAI HO.

    DisAgree [14] Agree [24] Reply Report Abuse

  • Rakesh shetty, mangalore

    Fri, Sep 14 2012


    UPA GOVT GIVING EVERY WEEK SHOCK TREATMENT TO ALL INDIANS. BIG SHAME TO UPA TEAM. THIER CREATING WORLD RECORDS IN WORST LEADING GOVT IN WORLDWIDE.

    COME ON INDIANS LET US WAKE UP. LETS GIVE SOME SHOCK TREATMENT TO COMA UPA TEAM.

    LET US SAVE OUR INDIA. LET US FIGHT AGAINST CORRUPT UNSUITABLE UPA CANDIDATE. ALL ARE WASTE BODIES.KURIGALU. THEY DOESN'T HAVE ANY LEADERSHIP SKILL.

    BJP ONLY CAN SAVE OUR INDIA AND MAKE STABLE. I AM SURE WITHOUT ASKING ANY VOTE BJP WILL WIN WITH FULL MAJORITY IN 2014 ELECTION. JAI HO BJP.

    DisAgree [13] Agree [23] Reply Report Abuse

  • Jafer, Ullal

    Fri, Sep 14 2012

    All India Coal Congress... another blunder.. making way to bring BJP that is Narendra Modi into power.... No future to this party... better to start think about alternative secular party

    DisAgree [9] Agree [26] Reply Report Abuse

  • Joseph F. Gonsalves, Bannur, Puttur / Mangalore

    Thu, Sep 13 2012

    The economy is facing problems not only in India but throughout the world in one way or the other effecting every nation. At this juncture why can’t all the M.L.A’s, M.P’s., Chief Ministers, Governors, Prime Minister, Opposition leaders, halve their salaries for the betterment of our economy instead of opposing every tooth and nail thereby provoking the public for power. Show your power in action by taking half salary not in a big mouth can you???!!! VERY HARD TO DIGEST.

    DisAgree [17] Agree [18] Reply Report Abuse

  • Santhosh, Udupi

    Thu, Sep 13 2012

    Guys time has come to support VATAL NAGARAJ.....or UPA should consult him.

    DisAgree [2] Agree [24] Reply Report Abuse

  • santosh shetty, mangalore/mumbai

    Thu, Sep 13 2012

    Restriction of subsidised cylinders by 6 in a year will again lead to corruption!!! Keep it up UPA...

    DisAgree [4] Agree [17] Reply Report Abuse

  • Hariprasad, Udupi / Vikhroli / Mumbai

    Thu, Sep 13 2012

    The Rs 5 of diesel price increase will have enormous cascading effect on all food products and other commodities due to transporting charges . So the annoyance of getting caught in the theft case of COAL GATE is expressed through diesel.

    DisAgree [1] Agree [18] Reply Report Abuse

  • SUNIL, BAJPE

    Thu, Sep 13 2012

    Increase petrol price when most Indian's were using petrol car and now raise diesel price when diesel car's are in demand!UPA Govt just looting people money and putting in Swiss and Italy

    DisAgree [1] Agree [20] Reply Report Abuse

  • Dinesh Poojary, Kundapura/Bengaluru

    Thu, Sep 13 2012

    We are ruled by TRAGIC FIGURE, UNDER ACHIEVER and WEAKEST PM ever. And moreover useless ITALY WOMAN controls him.

    This is what happens if brainless people are given administration. Time to wake up.

    DisAgree [5] Agree [14] Reply Report Abuse

  • Dinesh Poojary, Kundapura/Bengaluru

    Thu, Sep 13 2012

    ಭ್ರಷ್ಟ UPA ಸರಕಾರದಿಂದ, ಜನ ಸಾಮಾನ್ಯರು ಸ್ವಾಭಿಮಾನದಿಂದ ಬದುಕುವುದೇ ಕಷ್ಟವಾಗಿದೆ.
    ದಿನೇ ದಿನೇ ಅಗತ್ಯ ವಸ್ತುಗಳ ಬೆಲೆಯೇರಿಕೆಯಿಂದ ಜನ ಕಂಗಾಲಾಗಿದ್ದಾರೆ .
    COAL , 2G , CWG ಗಳಿಂದ ದೇಶವನ್ನು ಲೂಟಿ ಮಾಡಿದ್ದಲ್ಲದೆ, ಜನ ಸಾಮಾನ್ಯರಿಂದ ಕೂಡ ಹಣವನ್ನು ಕೊಳ್ಳೆಹೊಡೆಯುತಿದ್ದಾರೆ.

    DisAgree [33] Agree [58] Reply Report Abuse

  • Jamal, Mangalore/UAE

    Thu, Sep 13 2012

    Expected no surprises!!!
    Will have to face it. Another shock only 6 cylinders of gas will be issued on govt subsidised price. Guys please do not bring dirty politics.

    DisAgree [9] Agree [21] Reply Report Abuse

  • Prasheesh Kumar. S., Mumbai

    Thu, Sep 13 2012

    Besides diesel price hike govt has also stipulated that only six gas cylinders per family per year at present price (subsidized). But still there are many joint families in small towns and villages who have large number of members and for them one cylinder will last just for one month only. So, for getting more gas cylinders they have to break such joint family and become separate families atleast on paper and have separate Ration cards. This is not a good development.
    The diesel price hike will add fuel to fire and increase the Inflation further adversely affecting all the sections of the society.

    DisAgree [1] Agree [25] Reply Report Abuse

  • KRPrabhu, Kudla/Bangalore

    Thu, Sep 13 2012

    The impact of diesel price hike will be very cruel.The price of essential commodities will see a steep hike in this festive season onwards and aam aadmi will be severely hit by it.

    DisAgree [4] Agree [28] Reply Report Abuse

  • ISMAIL.K.PERINJE, PERINJE-YANBU/KSA

    Thu, Sep 13 2012

    6 cylinders LPG for one year!!! Diesel price increase will further enhance inflation which is not a good sign.UPA, now a days in news for wrong and unpopular reasons.Karnataka should forgo some portion of vat to lighten the burden

    DisAgree [19] Agree [32] Reply Report Abuse

  • Jossey Saldanha, Mangalore/Mapusa/Mumbai

    Thu, Sep 13 2012

    I hope this time at least Karnataka will reduce the VAT impact on Diesel.........

    DisAgree [48] Agree [30] Reply Report Abuse


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Title: Diesel Price Hiked by Rs 5/litre - Petrol, Kerosene Spared



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