Citizens across the country have faced another big shock of inflation. The prices of petrol and diesel have been increased by Rs 3 per liter, while the price of CNG has also been increased by Rs 2 per kilogram. These new rates have been implemented with immediate effect, which is going to put additional burden on the pockets of drivers, transport sector and the general public.
For the first time after four years, such a huge increase in fuel prices has been made in the country. The increasing conflict in West Asia, tensions around the Strait of Hormuz and rising crude oil prices in the global market have put huge economic pressure on state oil companies. It is being told that this decision has been taken to compensate for this loss.
According to the new rates, the price of petrol in Delhi has reached Rs 97.77 per litre, while diesel has gone up to Rs 90.67 per litre. Fuel prices have also increased in Mumbai, Kolkata, Chennai and other metros. Due to state-wise tax structure, there is variation in prices in different cities.
With this, the price of CNG in Delhi-NCR has been increased by Rs 2 per kg, taking the new price to Rs 79.09 per kg. Mahanagar Gas Limited in Mumbai has also announced an increase in the price of CNG by Rs 2, after which CNG here has reached Rs 84 per kg.
The increase in CNG price is likely to have the biggest impact on auto rickshaws, taxis and public transport. In many cities, rickshaw and cab drivers have indicated to increase fares, due to which the daily journey of common citizens may become more expensive.
Increase in fuel prices will also increase the cost of transportation of goods. This can have a direct impact on the prices of vegetables, milk, grains, groceries and other essential commodities. According to experts, CNG becoming expensive along with petrol and diesel will put additional pressure on the transportation and distribution system, due to which inflation may increase further in the coming days.
Just a few days ago, Union Petroleum Minister Hardeep Singh Puri had said that oil companies are suffering huge losses. He had clarified that due to rising prices of crude oil in the international market, it is becoming difficult to keep fuel rates under control for a long time. After this, this rate increase has now been implemented.
After this decision, the opposition has launched a scathing attack on the central government. Opposition parties allege that the government has imposed additional financial burden on the people already troubled by inflation. At the same time, no relief package or assistance has been announced by the government yet.
Experts believe that if crude oil prices increase further in the global market, fuel prices may increase again in the coming time. Due to this, the financial problems of common citizens are likely to increase further.
Also read:
Why do feet come out of the blanket while sleeping, know the scientific reason!
Is your child under stress? Identify the problem with these symptoms, find an easy solution!
This tea will remove fatigue and stress in summer, will keep the body and mind cool!
Change children’s diet after six months, increase the correct amount according to age!
Comments are closed.