Fuel price rise for 2nd straight day takes it to new highs


New Delhi, Jun 7 (IANS): Fuel price rise in the country continued on Monday with oil marketing companies (OMCs) increasing the pump rate of both petrol and diesel for the second consecutive day.

Accordingly, the retail prices of petrol and diesel increased by 28 paise and 27 paise per litre to Rs 95.31 and Rs 86.22 per litre respectively in Delhi on Monday.

In the city of Mumbai, where petrol prices crossed the Rs 100 mark for the first time ever on May 29, the fuel price reached new high of Rs 101.53 per litre on Monday. Diesel price also increased in the city to reach Rs 93.57 a litre, the highest among metros.

Across the country as well petrol and diesel prices increased between 24-28 paise per litre on Monday but its retail prices varied depending on the level of local taxes in different states.

Mumbai is not the only city to have the unique distinction of petrol breaching the Rs 100 pet litre mark. Thane reached the mark a few days back while few other cities in Rajasthan (including Jaipur) Madhya Pradesh and Maharashtra, having the highest VAT levels on auto fuels in the country, have already been selling normal petrol for over Rs 100 a litre for the past several days.

Ganganagar in Rajasthan has the highest level of petrol prices at Rs 106.29 a litre while diesel price there as well is closing on the century mark remaining at Rs 99.23 a litre. While Rajasthan, in general, has high retail prices of fuels due to high VAT rates, Sri Ganganagar, a small city in the state near the India-Pakistan border, has the most expensive auto fuel in the country due to higher freight it had pay to get fuel at stations.

Premium petrol price has already crossed the Rs 100 per litre mark in several parts of the country through an increase in the retail rates in the month of January and February.

With Monday's price hike, fuel prices have now increased on 20 days and remained unchanged on 18 days since May 1. The 20 increases have taken up petrol prices by Rs 4.91 per litre in Delhi. Similarly, diesel has increased by Rs 5.50 per litre in the national capital.

 

  

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Comment on this article

  • Bs, Karkala

    Tue, Jun 08 2021

    Let us have 2 types of petrol pump. One for Modi bhakts who will pay any amount and the other for middle class who pay income tax deducted at source for Rs 65 per litre The bhakts will also be happy that they support the government. Middle class happy that they can survive. Hope this is done at the earliest.

    DisAgree Agree [1] Reply Report Abuse

  • Rajesh, Mangalore

    Mon, Jun 07 2021

    We want only Dr Ambedkars constitution and not a sharia law imposed on hapless people. So if the govt can work towards blocking the impending danger through some bills, we are willing to pay even 1000 Rs per litre.

    DisAgree [1] Agree [1] Reply Report Abuse

  • Sunil K, Mangalore

    Mon, Jun 07 2021

    Bhakts are crying now just like their PM.

    DisAgree Agree [12] Reply Report Abuse

  • David Pais, Mangalore

    Mon, Jun 07 2021

    Citizens are squeezed in the sugar cane machine to drink their juice. If donkey's are becoming horses this is the situation of the country. Indias Treasury is Emptied. Chaiwala prime minister must have been resigned now. Shameless, Shame, Shame...

    DisAgree [1] Agree [17] Reply Report Abuse

  • william, mangalore

    Mon, Jun 07 2021

    He is giving return gift to all bhakts by their own support.

    DisAgree Agree [16] Reply Report Abuse

  • S.F.H, Indian

    Mon, Jun 07 2021

    Let it go up...let the bakhths feel the heat...

    DisAgree Agree [13] Reply Report Abuse

  • arm, Mangalore

    Mon, Jun 07 2021

    Mera desh badal raha hai, ache din aagye.

    DisAgree [1] Agree [16] Reply Report Abuse

  • Pinky, Shirva

    Mon, Jun 07 2021

    Mera desh jal raha hai

    DisAgree Agree [11] Reply Report Abuse

  • Sameer, Riyadh

    Mon, Jun 07 2021

    Petrol Price competing with BSE? "Organised Loot..Legalised Plunder". Dr. Manmohan Singh ji....We want you back. "Compared to the latest data available till September 2018 when the total debt of the Central government stood at Rs 82,03,253 crore, the corresponding amount till June 2014 was Rs 54,90,763 crore, the Finance Ministry's data on government borrowings shows". I don't even want to see what is the total debit since 2018 till date. Bharat Becho yojana performing very well.

    DisAgree Agree [15] Reply Report Abuse

  • Evans C Sumitra, Udupi/New York, USA.

    Mon, Jun 07 2021

    Something wrong somewhere. Can someone please find out who is responsible for this fuel price rise. The world over the prices has come down.

    DisAgree Agree [15] Reply Report Abuse

  • David Pais, Mangalore

    Mon, Jun 07 2021

    looto, looto deshvaacioum-ko looto, gadhoum looto, look... anti-nationals.

    DisAgree Agree [19] Reply Report Abuse

  • Deshbhakt, Mangalore

    Mon, Jun 07 2021

    Celebrate anniversary of 7 years' governance with a difference !

    DisAgree Agree [25] Reply Report Abuse

  • Janardhan, Kaup/Dubai

    Mon, Jun 07 2021

    Make it straight away 150 or 200.. Another 7 years regale ijji. No Kiri Kiri.. No one will talk about the increase.

    DisAgree [1] Agree [17] Reply Report Abuse


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