Petrol and diesel prices on fire! But in this city of India, oil is getting cheaper by ₹ 15, know the reason

The prices of petrol and diesel in the country have once again given a big shock to the general public. Due to increasing tension in West Asia and skyrocketing prices of crude oil in the international market, government oil companies have increased the prices of fuel. This time the prices of petrol and diesel have been directly increased by Rs 3 each per litre. After this decision, fuel prices in big metros and cities like Delhi, Mumbai, Jaipur and Bhopal have started becoming heavy on the pockets of common people. But amidst this inflation, there is a city in India where you will be surprised to hear the oil prices. In this city, petrol and diesel are being sold cheaper by Rs 10 to 15 compared to the rest of the country.

Cheapest oil is available in this union territory

If you are wondering which city is this, then let us tell you that the cheapest petrol and diesel in India is available in the Union Territory of Port Blair. Despite being the capital of Andaman and Nicobar, oil prices here are very low compared to other big cities of the country. The biggest reason for such low prices in Port Blair is the low VAT and local tax there. While in most of the states of the country, governments levy heavy taxes on petrol and diesel, in Port Blair the tax rates have been kept very low, due to which the consumers there are getting the direct benefit.

You will be shocked to know the difference in prices

There is a huge gap between the fuel prices in other big cities of the country and Port Blair. Today, while the price of petrol in metro cities like Mumbai and Bengaluru has crossed the Rs 100 per liter mark, in Port Blair today the price of petrol is only Rs 84.99 per liter. Similarly, a huge difference has been recorded in the prices of diesel also. Today the price of diesel in Port Blair remains at Rs 80.64 per liter, which is cheaper by about Rs 10 to Rs 15 compared to many other major cities of the country.

After all, why do fuel prices change in every city?

This question arises in the minds of many people that why oil prices are so different in different parts of the country. In fact, the base price of petrol and diesel is almost the same across the country. But when this oil reaches different states, the local tax imposed by the state governments, VAT and transportation cost are added to it. In states where tax rates are high, fuel becomes expensive, whereas in states or union territories where taxes are collected less, people there get great relief from inflation.

Increasing cost of fuel has all-round impact on the general public.

The effect of this increase in the prices of petrol and diesel is not limited only to the drivers. Due to cost of fuel, the cost of freight and transportation directly increases. This has a direct impact on the market, due to which fruits, vegetables, food items and items of daily use also become expensive. Economic experts believe that if this trend of rising crude oil prices continues in the global market, then the pressure of inflation on the common man within the country may increase further in the coming times.