New Delhi: Fuel prices witnessed a hike for the sixth time in a week Monday as the cost of petrol in Delhi inched closer to Rs 100 per litre mark. Going by the price notification of state fuel retailers, petrol price in Delhi has been raised by 30-paisa and will be retailed at Rs 99.41 per litre, while diesel will cost Rs 90.77, a 35-paisa hike from Sunday.
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In Mumbai, petrol and diesel is costing Rs 114.19 and Rs 98.50 per litre, while the price of petrol and diesel in Chennai is Rs105.18 and Rs95.33 respectively. Petrol in Kolkata will now cost Rs 108.85 and diesel at Rs 93.92 per litre.
The revised rates of petrol in Kolkata is Rs 108.85 and diesel is Rs 93.92. Petrol is retailed at Rs 104.78 in Bengaluru and diesel is costing Rs 89.02 per litre.
Fuel rates differ from state to state depending upon the incidence of local taxation. On the first four occasions, fuel prices witnessed a steepest single-day rise of 80 paise per litre since the daily price revision was introduced in June 2017. On Sunday, petrol price were raised by 50 paise a litre and diesel by 55 paise.
Meanwhile, the Congress targeted the BJP government on Sunday over the fuel prices hike and demanded that it should give an account of the Rs 26 lakh crore “accrued” through excise duty on petrol and diesel in about eight years.
In a tweet in Hindi, Congress chief spokesperson Randeep Surjewala said, “Will tell with full force – in eight years, earned a profit of Rs 26,00,000 crore through tax loot on petrol/diesel. Were silent for 137 days to dupe voters in elections, then in only six days, loot of Rs 3.75 per litre.”
Surjewala also posted an old video of Prime Minister Narendra Modi talking about the Opposition crediting his luck for a reduction in petrol prices.
Fuel prices may increase on the back of rise in crude oil prices in the international markets. This will have a spiralling impact on the prices of other items and cause inflationary pressure and hurt growth.
(With PTI inputs)