Petrol and diesel prices were increased by 25 paise per litre each, according to a price notification of state-owned fuel retailers. In Sriganganagar town of Rajasthan, petrol price soared to Rs 100.13 a litre today. For the first time ever, the price of Petrol Dunk Crosses Rs 100 per litre mark in Rajasthan today after fuel rates were hiked for the ninth day in a row.
While branded or additive-laced petrol, which attracts higher taxes, had Petrol Dunk Crosses Rs 100-mark in some places in states like Maharashtra, Madhya Pradesh and Rajasthan, this is the first time that regular petrol crossed the physiological mark. In Sriganganagar town of Rajasthan, petrol price soared to Rs 100.13 a litre today. Petrol and diesel prices were increased by 25 paise per litre each, according to a price notification of state-owned fuel retailers.
Fuel prices differ from state to state depending on the incidence of local taxes such as VAT and freight charges. Rajasthan levies the highest VAT on petrol in the country. After Wednesday’s price increase, petrol in Delhi cost Rs 89.54 per litre and diesel Rs 79.95.
In Mumbai, petrol price rose to Rs 96 a litre and diesel was priced at Rs 86.98. The record price in Rajasthan is despite the state government late last month cutting VAT on petrol and diesel by 2 per cent.
Diesel in Sriganganagar is priced at 92.13 a litre. In Anuppur of Madhya Pradesh, petrol is priced at 99.90 per litre and diesel at Rs 90.35. Branded petrol at Sriganganagar was priced at Rs 102.91 a litre and similar grade diesel at Rs 95.79. Branded petrol is priced at Rs 92.37 per litre in Delhi and the same grade diesel at Rs 83.24.
In nine straight days, prices have gone up by Rs 2.59 per litre for petrol and Rs 2.82 per litre for diesel. The relentless hike in prices has been criticised by the opposition parties including the Congress, that has demanded an immediate cut in taxes to ease the burden on the common man.