Petrol touches Rs 78.43/litre in Delhi on Tuesday and Rs 86.24/litre in Mumbai. Price of Diesel in Delhi is at Rs 69.31/litre and Rs 73.79/litre in Mumbai; making big holes in the pockets of the consumer.
The rise in fuel price has come for 16th consecutive day.
Petrol and diesel in India are not just costlier than in the neighbouring countries Nepal, Bhutan and Pakistan, and their prices have been on consistent rise in the country, posing hardships to the common people and there's no respite in sight.
In India, people are paying up to Rs. 87 for one litre of petrol across the country. Whereas in Sri Lanka it is Rs 50.67 per litre and Rs 66.99 per litre in landlocked Nepal. Similarly, it's selling at Rs. 56.63 per litre in Bhutan, Rs. 43.82 per litre in Myanmar, Rs. 49.67 per litre in Sri Lanka and Rs. 68.47 per litre in Bangladesh.
Recently it was reported that people from border areas of Assam smuggle petrol and diesel from Bhutan, because it's cheaper there. And with this, they earn up to Rs. 20 per litre.