IF YOU have, or are planning to, fill a full tank of petrol in your vehicle today, then you will have to pay Rs 3.14 per litre extra. Various state-owned oil firms, after a meeting in Mumbai, had demanded a hike in the price of petrol, to cover for past and current losses, as the price of international crude oil continues to increase. One of the main reasons for asking for a hike was the appreciation pf the ruppe against the dollar.
It is the common man, who is going to be badly hit, by the latest installment of the hike in petrol price levied by the government. It is not a big surprise that car owners are turning towards CNG, which is comparatively cheaper. The queues outside the CNG gas stations is testimonial to this trend. As usual, the opposition party had protested against the hike.
With the hike in the price of petrol, it will now be available in Delhi at a cost of Rs 66.84 per litre against the old price of 63.70, which was already pinching all clases of society. As far as prices are concerned, after the hike, Delhi will still be the cheapest city compared to other major cities as far as petrol price is concerned - because adjusted with new price, petrol will now be available in Kolkata at (Rs 71.15, new price), Mumbai (Rs71.76), Chennai (Rs 70.64) and it is expensive at Bangalore (Rs 74.50).
Petrol price hikes take place regularly, and disappoint the ‘aam aadmi’. It was in the month of May, that the last hike in petrol prices took place the last time. It was increased by Rs 5 in May.
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