Petrol, LPG and Diesel Prices Go Up

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Petrol, LPG and Diesel Prices

While the Prime Minister keeps on promising to bring Achche Din in the rural areas with different projects and plans being announced for the kisaans of the country, the life of the people in the urban areas goes harder. On Tuesday night the price of the three most essentials of the urban areas has gone up. People now will be dealing with higher service tax outgo due to an additional levy of Krishi Kayan cess starting today.

Petrol

On Tuesday, the price of petrol price was hiked by Rs 2.58 a litre and diesel by Rs 2.26 per litre. This is the second hike in the month. Petrol will cost Rs 65.60 per litre in Delhi after the increase while diesel will cost Rs 53.93/litre. Prices were last hiked on May 17. The prices of non-subsidised LPG cylinder by Rs 21 and that of ATF by 9.2 percent were also increased by the government.

According to the Indian Oil Corporation, “The current level of international product prices of petrol and diesel and INR-USD exchange rate warrant increase in the price of petrol and diesel, the impact of which is being passed on to the consumers with this price revision”.

With the imposition of the Krishi Kalyan Cess the hanging out, data usage, travelling, etc. will become expensive due to service tax increase to 15%.

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