Fuel Prices Hiked For 21st Straight Day; Petrol, Diesel Rates Above Rs 80 Per Litre In Delhi

Following the fresh hike, Diesel is now priced at Rs 80.40 per litre, while one will have to shell outRs 80.38 per litre for one litre of petrol, taking rates up by 25 paise for petrol and 21 paise for diesel in 20 days.

Fuel being filled in a car (Rep Photo / PTI)

New Delhi: The surge in the fuel prices across the nation seems relentless as the hike continued for a 21st straight day on Saturday (June 27, 2020) with both petrol and diesel prices going past the Rs 80-mark (per litre) in the national capital. Following the fresh hike, Diesel is now priced at Rs 80.40 per litre, while one will have to shell out Rs 80.38 per litre for one litre of petrol, taking rates up by 25 paise for petrol and 21 paise for diesel in 20 days. In a first, Diesel price for the very first time crossed the petrol in the national capital on Wednesday (June 24) hitting Rs 79.76 a litre. The rates of the carbon fuels differ from state to state depending on how much VAT do the state governments levy . However, diesel is costlier than petrol only in the national capital territory  where the state government had raised local sales tax or VAT on the fuel sharply last month. Earlier in May, the Delhi government had increased 30 percent Value Added Tax (VAT) on diesel from 16.75 percent earlier and 30 percent from 27 percent on petrol, which lead to a price gap of Rs 7.3 per litre between the two fuel. Other metro cities like Mumbai and Kolkata also witnessed a hike in the fuel price where Mumbai saw 21 and 17 paise hike in petrol and diesel prices, Kolkata saw around 21 paise hike, while Chennai saw 19 and 15 paise hike per litre on petrol and diesel prices, respectively. Petrol prices, except for Wednesday, have also gone up across the country since June 7, when oil marketing companies resumed the daily revision of prices after 82 days due to Covid-19.