Petrol, Diesel Prices Raised Again After A Days Halt

Elias Hubbard
June 30, 2020

The rise in demand of petrol and diesel could be due to "Unlock", which began from June 1 and, as the name suggests, is the country's exit from the lockdown, albeit in a number of phases. They have provisioned for garnering lakhs of crores by hiking excise duty on petrol and diesel in the last three months. "One that you pay directly, and the other due to risenin prices of consumer products, including essential items". Petrol witnessed a spike of 25 paise per litre while the diesel was increased by 21 paise per litre in Delhi on Saturday.

In last 23 days, the price of petrol has gone up by ₹9.17 a litre while that of diesel has gone by a higher margin of ₹11.14 a litre. The rates have not increased today following the hike in the price of petrol by Rs 0.25 per litre, and diesel by Rs 0.21 per litre on June 27.

The leaders were followed in the rally by party workers who shouted "Down Down BJP" and "Down Down Central Government" on the route to the party office.

Protesting against the fuel price hike, the Delhi Congress chief, said, "People are already suffering from coronavirus and consequences of lockdown".

In Delhi, a litre of petrol now comes for Rs 80.43 per litre as compared to Rs 80.38 earlier.

The leaders including the party's state president DK Shivakumar and former Chief Minister Siddaramaiah were followed in the rally by party workers on the route to the party office.

Due to the hike in state Value-Added Tax and excise duty, diesel price in Delhi is the highest among metros in the country, a contrast from having the lowest fuel prices among metros in the pre-COVID period.

"The government should stop profiteering from petrol and diesel and should immediately reduce prices and excise duty on them", Gandhi said in his video message on social media. "But tax increases kept with oil companies did not allow to raise retail prices, and kept consumers from savouring the benefit of low fuel prices", the analyst quoted earlier said.

On Thursday, Rashtriya Janata Dal leaders Tejashwi Yadav and Tej Pratap Yadav rode bicycles along with party workers in Patna city to protest the huge increase in the prices of petrol and diesel. The freeze in prices was imposed in the middle of March after the government increased excise duty on petrol and diesel to shore up finances.

Other reports by Click Lancashire

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