How petrol and diesel cost us in India?

Petrol, diesel prices in India higher than most countries because government taxes are extortionist in nature.

Prices of petrol and diesel are decided by the petroleum companies and the government’s role is restricted to levying taxes. Indeed, Petroleum pricing is a complex process. It involves various aspects of value addition that ultimately decide the final price of petrol and diesel.The government deregulated petrol price in 2010 and diesel price in 2014. It, henceforth, allowed oil marketing companies to decide on the prices of fuel, considering the change in international oil prices and currency exchange rate.

Petrol, diesel prices to change daily, see, how will it comes to you finally:

*Delhi as of June 2017 as an example

21687532_1786124954735685_3023517418518963480_n

One thought on “How petrol and diesel cost us in India?

Add yours

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Up ↑

%d bloggers like this: