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Why Are Petrol and Diesel Rising Prices In Pune?

The cost of petroleum has arrived at Rs 90.75 per liter and diesel Rs 79.80 per liter in Pune. The costs have been on the ascent as of late.

“The reason for the price rise is because the rates of crude oil have reached close to 60 dollars per barrel in the international market”, says Ali Daruwala, representative for the All India Petrol Dealers Association (AIPDA).

He further educated, “The second reason is that the Maharashtra government had raised the price of petrol in April by almost Rs 2 per litre as cess and central government has raised excise duty 3 times from April to June to take the advantage of the falling crude prices during the lockdown.”

“The other day many news channels were seen reporting that the price may come down because of the reduction in excise duty by the central government. However, the cabinet has not yet met to decide on the excise reduction issue. But reliable sources have confirmed that the central government is working on a mechanism to give maximum relief to the common citizen as far as prices of petrol and diesel are concerned”, he said.

“The AIPDA has requested the Maharashtra government to roll back the Drought Cess which was imposed in 2018 by the then BJP and Shiv Sena government for relief work. This will give immediate relief to common citizens who had witnessed Rs 93 per litre petrol in Pune in 2013 when crude oil was close to 150 dollars per barrel in the international market during Congress-led UPA regime”, Daruwala said.

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Daily Pune journalist was involved in the writing and production of this article.

 

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