Congress leaders hold protest against fuel price hike
India | June 11, 2021 14:12 ISTCongress leaders and party workers on Friday held symbolic protests at petrol pumps in several parts of the city, demanding a complete rollback of fuel price hike.
Congress leaders and party workers on Friday held symbolic protests at petrol pumps in several parts of the city, demanding a complete rollback of fuel price hike.
In just last 5 months alone, the prices of petrol and diesel have been increased by 44 times. Fuel prices have crossed the hundred rupees mark in several states.
The price of premium petrol hit the century mark at the pumps in Thiruvananthapuram, Kollam, Idukki, Palakkad, Wayanad and Kasaragod districts.
Petrol and diesel prices on Tuesday scaled new highs across the country after they were hiked for the 17th time in a month. Petrol price was increased by 26 paise per litre and diesel by 23 paise a litre.
In Mumbai, petrol price climbed to Rs 100.47 a litre and diesel to Rs 91.57 per litre. Rates had already crossed the Rs 100-mark in several cities in Rajasthan, Madhya Pradesh and Maharashtra
Monday's hike is the 17th hike in May. Notably, the month of May has seen one of the steepest hikes in petrol and diesel prices this year.
Petrol price was increased by 19 paise per litre and diesel by 29 paise a litre, according to a price notification by state-owned fuel retailers.
The fuel prices are continuously on the rise in May. In nine increases, petrol price has risen by Rs 2.19 per litre and diesel by Rs 2.49.
The price of petrol and diesel also went up in the national capital and stood at Rs 92.05 and Rs 82.61 per litre, respectively.
The petrol and diesel prices have increased 25 times in 2021 with the two auto fuels increasing by over Rs 7 each per litre.
In Madhya Pradesh' Anuppur district, petrol crossed ₹ 100 per litre reaching Rs. 100.25 per litre on Thursday after Rajasthan's Sriganganagar. Diesel price also stood at Rs. 90.35 per litre in the region.
Accordingly, oil marketing companies raised the pump price of petrol by 34 paise and diesel by another 32 paise per litre in Delhi. With this increase, petrol is now priced at Rs 89.88 a litre and diesel Rs 80.27 a litre in the national capital.
In Mumbai, petrol price touched the Rs 96 per litre mark today, the highest price to date, as compared with Rs 95.75 on Tuesday. After a 26 paise hike, people in Mumbai have to shell out Rs 86.98 for a litre of diesel.
Accordingly, oil marketing companies raised the pump price of diesel by year high level of 36 paise per litre and petrol by another 30 paise per litre in Delhi.
Across the country as well, the petrol prices increase within the 25-30 paisa per litre range, while diesel between 30-35 paisa per litre -- depending on the level of local taxes on the two petroleum products.
Oil Minister Dharmendra Pradhan in Rajya Sabha said the government is not considering a reduction in excise duty to cool rates from their record highs.
Petrol in Delhi has touched all-time high and costs Rs 85.45 per litre while diesel is retailing at Rs 75.63 per litre, 25 paisa more than the previous price, as per data from Indian Oil Corporation website.
Fuel prices touched a new high on Wednesday after oil marketing companies decided to break the momentary pause in the wake of a sudden spike in the global oil prices.
Fuel prices have reached all-time high on Thursday after oil marketing companies hiked the rates. Petrol is retailing at Rs 84.20 per litre in Delhi.
Across the country as well the price of the two petroleum products increased at varied levels depending on the prevalent taxation structure.
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