Saturday, April 20, 2024

7th hike in 8 days: Petrol, diesel prices rise again

Photo: Shaheen Abdulla/Maktoob

Petrol price on Tuesday was hiked by 80 paise a litre and diesel by 70 paise, taking the total increase in rates in the last one week to ₹4.80 per litre.

This is the seventh increase in fuel prices since the ending of a four-and-half-month long hiatus in rate revision on March 22.

Petrol in Delhi crossed Rs 100 per litre mark and will now be sold at Rs 100.21 per litre, while diesel rates have gone up to Rs 91.47.

In Mumbai, after an increase of 85 paise and 75 paise respectively, petrol will now cost Rs 115.04 per litre, while diesel rates have reached Rs 99.25.

In Kolkata, the price of petrol is Rs 109.68 (increased by 83 paise) and diesel is Rs 94.62 (increased by 70 paise).

Petrol in Chennai will now be sold at Rs 105.94 per litre, while diesel will cost Rs 96.

In Bengaluru, the price of petrol is Rs 105.62 per litre and Rs 89.70 per litre for diesel. In Hyderabad, per litre of petrol will cost Rs 113.61 and Rs 99.84 for a litre of diesel.

Meanwhile, the Congress Saturday announced that it will hold protests across country “to draw attention of the deaf BJP government against the insurmountable increase in prices of gas-petrol-diesel.”

The party urged people to protest outside their homes and in public places by beating “drum-bells and other instruments” on 31 March.

“When will the the Bharatiya Janata Party’s intoxication from its victory wear off?” Congress leader Randeep Surjewala asked. “Till when will people have to bear the brunt of inflation from all sides?”

Surjewala alleged that the BJP-led Union government increased excise duty by Rs 18.70 for petrol and Rs 18.34 for diesel in total since it came to power in May 2014.

“This is a shocking 531% hike in excise duty on diesel, and 203% increase in excise duty on petrol,” he said.

He said that the Congress has also planned district-level protests against inflation between April 2 and April 4, and state-level demonstrations on April 7.

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