Petrol, diesel prices up by 80 paise; 14th hike in 16 days
New Delhi, April 6: Petrol and diesel prices were increased again by 80 paise a litre each on Wednesday, taking the total hike to Rs 10 per litre in 16 days.
According to a price notification from state fuel retailers, petrol in Delhi will now cost 105.41 per litre, up from 104.61 Tuesday and diesel rates will go up from 95.87 per litre to 96.677. In Mumbai, the fuel prices climbed by 85 paise; petrol price was hiked by 84 paise at Rs 120.51 and diesel prices per litre went up by 84 paise at Rs 104.77.
Fuel prices have been hiked across the country and vary from state to state depending upon the incidence of local taxation.
Notably, this is the 14th hike in fuel prices since the ending of a four-and-half-month long hiatus in rate revision on March 22.
Also Read | Union Minister defends fuel price hike; says rates low as compared to other countries
Earlier on Tuesday, Union Minister for Petroleum and Natural Gas Hardeep Singh Puri had defended the central government over the issue of fuel price hike, comparing the rates with that of other countries.
"Fuel prices hiked in India are 1/10th of prices hiked in other countries. Comparing gasoline (petrol) prices between April 2021 and March 2022, the prices in the United States of America (USA) have increased by 51 percent, Canada by 52 percent, Germany by 55 percent, the United Kingdom (UK) by 55 percent, France by 50 percent, Spain 58 percent but in India only 5 percent," said the Minister for Petroleum and Natural Gas in Lok Sabha on Tuesday.
Puri further noted that since the start of the Russia-Ukraine war, the price of natural gas has risen several times on the international market.
Also Read | Increasing Russian energy imports not in India's interest: US
-PTC News
