While petrol is being retailed at Rs 88.08 per litre in Mumbai, Rs 84.44 per litre in Kolkata, Rs 85.88 in Chennai, diesel can be availed at Rs 79.35 per litre in Mumbai, Rs 77.54 per litre in Kolkata and Rs 79.93 in Chennai.
This comes days after India witnessed a continuous rise in the prices of petrol and diesel since it was dropped by Rs 5 on October 5. The fuel price has been soaring since the past few months in the country, causing many problems for the common people. However, it was stable for the past few days.
Modi government had on October 5 cut the fuel rates through excise duty reduction and oil company subsidy, in wake of rising petrol and diesel prices. The government cut excise duty by Rs 1.50 per litre and directed state-run oil marketing firms to subsidise fuel by Rs 1 per litre, which resulted in a combined reduction of Rs 2.50 per litre.
Meanwhile, the Delhi Petrol Dealers Association announced on Wednesday that it will go on a one-day strike from 6 am on October 22 to 5 am on October 23 in order to protest against the refusal to deduct Value Added Tax (VAT) by Delhi government on fuel prices. “There are about 400 petrol pumps in Delhi which also have linked CNG pumps with them. Both will remain closed in protest from 6.00 am onwards on October 22 and remain closed till 5.00 am on October 23, 2018,” the association said in a statement.