The increase in fuel prices continues. Waiting is going on when the fuel rates become stable in the country. The news of the hike in petrol and diesel costs is a common feature. Therefore, fuel prices once again increased today by 80 paise a litre.
9th hike in 10 days
The increase in fuel prices in the last 10 days touched 6.40 per litre. It is the ninth increase in the last 10 days. The opposition is trying to gain some political mileage in the wake of soaring fuel rates.
Congress launches protest
Some Congress members came on the road this morning and launched a nationwide protest following inflation and fuel price hikes. Former party president Rahul Gandhi led the party’s protest at Vijay Chowk in Delhi.
In the last 10 days, petrol and diesel prices have increased 9 times. We demand that the rising prices be brought under control. “The Congress party is holding nationwide protests on this issue today,” Mr. Gandhi said.
Fuel prices in four major metropolitans
The cost of petrol in Delhi touched 101.81 per litre as against 101.01 per litre yesterday, while diesel rates have increased from 92.27 per litre to 93.07 per litre today.
In Mumbai, the petrol and diesel prices per litre touched 116.72 and 100.94, respectively, after prices were hiked by 84 paise each.
In Chennai, the price of petrol has gone up to 107.45 after an increase of 76 paise per litre, while diesel is priced at 97.52 after being increased by 76 paise per litre today.
In Kolkata, the price of petrol has touched 111.35 a litre (increased by 83 paise) and diesel is 96.22 per litre (hiked by 80 paise).
The rate of fuel prices has been increasing all over the country. But it varies from state to state because it depends upon the different taxes of the states.
First hike takes place on March 22
This is the ninth increase in prices since the end of the 137-day pause. The rate revision started on March 22 and since then it has been continuing.
Congress MP Adhir Ranjan Chowdhury, who participated in the protest along with other party leaders, said: “We had predicted that as soon as elections in the five states conclude, fuel prices will be hiked. We demand that the hikes in fuel prices be rolled back. The government does not understand the difficulties being faced by the public because of rising fuel prices.
The sharp increase in fuel prices really puts extra pressure on public pockets. It will surely dent household budgets, making essential commodities and services costlier. Experts believe that fuel prices are likely to rise in the near future as crude oil prices have been increasing sharply in the international market.