Petrol, diesel prices at all-time highs ahead of Ganesh Chaturthi

Petrol, diesel prices at all-time highs ahead of Ganesh Chaturthi

President Sanjay Deshmukh told IANS that while petrol was almost touching the psychological barrier of Rs 90 per litre (at Rs 89.97), diesel prices stood at Rs 77.92 on Monday.

As many as 21 political parties partook in the Bharat Bandh yesterday, which was initiated by Congress and other leading Opposition parties. Petrol price has now crossed Rs 89 a litre in Maharashtra.

On Monday, petrol prices touched Rs 88.12/litre in Mumbai, while diesel cost Rs 77.32 per litre in Mumbai.

A petitioner had challenged the daily rise in fuel rates and sought a direction to the Centre to fix a fair price for petrol and diesel by treating them as essential commodities.

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To this, the PIL alleged that "instead of passing the lower oil prices to ease the burden on consumers, Respondent as well as State Govt. increased taxes to meet their fiscal deficit commitments". The report has come at a time when the Modi government is facing harsh criticism on the fuel price situation.

Twenty-one opposition parties had on Monday called for a nationwide shutdown to protest against the ever-escalating prices of petrol and diesel, but the central government stood firm in its argument that it won't intervene. Those living in Parbhani, 500 km away from Mumbai, are paying at least Rs 90.02 per litre due to higher transportation costs.

The prices of petrol and diesel are under Rs 70 per litre in Port Blair, the capital of the Andaman and Nicobar Islands.

Telangana charges the second highest sales tax/VAT on diesel: 26.01 per cent. The Chief Minister condemned the statement of Union Petroleum Minister Dharmendra Pradhan that petrol prices had increased because of the increase in crude oil prices in the worldwide market and increase in Value-Added Tax by state governments. Naidu has announced that AP state is cutting down 2 percent on its excise duty on petrol and diesel. And now after Rs 2 cut in each, it may be sold around Rs 83.60 and 77.22 per litre, respectively.

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