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Petrol price increases by 87 paisa and diesel by Rs 1 in 2 days

Union Petroleum and Natural Gas Minister Dharmendra Pradhan on Friday has blamed "international factors" for it and said it is essential to bring petrol and diesel under the purview of the GST.

New Delhi: Petrol prices have shot up by 87 paisa and diesel by Rs 1 in last two days; digging deeper holes in our pockets. The cost of petrol in the national capital has for the first time crossed Rs80 mark. Petrol Minister has now said that it is necessary to bring fuel under GST in order to control is increasing prices. Fuel price today: On Saturday, the petrol price in Delhi reached Rs 80.38 per litres and; diesel price reached Rs 72.51 per litre; whereas in Mumbai the petrol and diesel prices reached Rs 87.77 per litres and Rs 76.98 per litre respectively. Protests against fuel prices: Various opposition parties are launching protests against ever increasing fuel prices across the country. Congress has called a Bharat Bandh on September 10; whereas ahead of Congress’protest, the BJD on Friday launched a 3-day nation-wide agitation against the fuel price hike. The BJD's protest will end on September 9, a day before the Congress's Bharat Bandh, protesting against the fuel price hike. Party members across the state will hold peaceful demonstrations before petrol pumps in their respective areas for two hours from 10 am to 12 noon, said BJD leader Sanjay Dasburma. Need to bring fuel under GST: Dharmendra Pradhan Union Petroleum and Natural Gas Minister Dharmendra Pradhan on Friday has blamed "international factors" for it and said it is essential to bring petrol and diesel under the purview of the GST. "It has now become essential to bring petrol and diesel under the purview of GST. As these two items are out of the GST, the nation has to bear a loss of about Rs 15,000 crore. If petrol and diesel are brought under the GST, it will be better for all including consumers," PTI quoted Pradhan as saying. On Centre's steps to reduce oil prices, Pradha said the current situation cannot be addressed just by cutting down the rate of excise duty. "The political situation in countries like Iran, Venezuela and Turkey has impacted the production of crude oil," Pradhan said.
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