Due to rising prices of petrol and diesel, common man is in a bad condition. In this month itself, their prices have been increased for the 14th time today. With this increase, petrol in Rajasthan has reached a new record of Rs 105 per liter. Petrol has reached Rs 105.67 in Sriganganagar, Rajasthan. At the same time, petrol is being sold in Anuppur in Madhya Pradesh for Rs 104.35. Talking about Delhi, petrol has become costlier by 24 paise to 93.68 and diesel by 29 paise to Rs. 84.61 per liter.
So far this month, the price of petrol and diesel has increased 14 times. Petrol has become costlier by Rs 3.28 and diesel by Rs 3.88. Petrol-diesel prices have increased 12 times since May 4. Petrol was selling 90.40 and diesel 80.73 per liter before this month.
Petrol-diesel was not expensive in our country but it became very expensive after the government imposes taxes. In our country, the base price of petrol and diesel is still close to 33 rupees. But the central and state governments impose a tax on it and it reached at 100 rupees. On this, the central government is charging excise duty of Rs 33. After this, the state governments charge VAT and cess on their own, after which their price has increased up to 3 times from the base price. In such a situation, it is not possible to reduce the price of petrol without giving relief in tax.
Globally, crude oil prices have risen again to $ 69 a barrel. However, in this month itself, the price of crude oil once crossed $ 70 per barrel. Oil prices are expected to hover around $ 70 a barrel after Iran's return to the oil trade after a delay in easing US sanctions.
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