Hartal byte: Kerala has higher fuel prices than metros

Devin Lawrence
September 11, 2018

Petrol is being sold today at Rs 80.87 per litre, and diesel at Rs 72.97 per litre.

AP now levies around Rs 4 a litre of value added tax on petrol and diesel, earning around Rs 2,240 crore a year through state taxes on fuel. In Mumbai, petrol and diesel rates touched a new high of Rs 88.26 and Rs 77.47 per litre respectively. The government is of the view that a weak rupee along with high global crude oil prices can impact fiscal deficit as well as current account deficit. "Bharat bandh evokes good response in Chhattisgarh Congress" Bharat Bandh against rising fuel prices evoked a good response in the BJP-ruled Chhattisgarh where many business establishments remained shut in major cities including Raipur and buses stayed off roads. On May 16, 2014, the petrol price was Rs 71.41 which took the percentage increase to 75.8. Congress workers, however, held demonstrations and took out protest march at several places as part of the "Bharat Bandh" call. The nationwide bandh has been called by the Congress over rising fuel prices and depreciation of the rupee. Since mid-August, petrol price has risen by Rs 3.24 a litre and diesel by Rs 3.74 per litre as rupee hit record low against the United States dollar, making imports costlier.

Maharashtra is among those states where petrol, diesel prices are the highest in India.

Yesterday, Congress president Rahul Gandhi led the Bharat Bandh in Delhi, and former Prime Minister Manmohan Singh said the need of the hour was for "Opposition parties to forget their differences and come together". They also burnt effigies of the Centre against the spiralling fuel prices.

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These fuel price figures were released by the BJP. The Central government had raised excise duty on petrol by Rs 11.77 a litre and that on diesel by 13.47 a litre in nine installments between November 2014 and January 2016 to shore up finances as global oil prices fell, but then cut the tax just once in October past year by Rs 2 a litre.

Meanwhile, the BJP said the hike in fuel prices was a "momentary difficulty" and claimed the shutdown was a complete failure.

While the Congress and other opposition parties claimed the bandh was a success, the BJP claimed it was a flop. "Diesel, petrol price rise is out of our hands because oil-producing countries have limited production", Union minister Ravi Shankar Prasad said.

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