On Monday, oil marketing companies (OMCs) again raised petrol price by 14 paise and diesel price by 29 paise respectively. As of now, petrol and diesel prices increased to Rs 87.29 per litre and Rs 77.06 per litre in Mumbai on October 7.
The price of petrol increased by 14 paise per litre and the price of diesel increased by 31 paise per litre in the financial capital, according to Indian Oil Corporation (IOC). The petrol is retailing at Rs 81.82 per litre (an increase by Rs 0.14) and diesel is at Rs 73.53 per litre (increase by Rs 0.29) in New Delhi.
In Chennai, while petrol is being retailed at Rs 85.09 per litre, up 20 paise and diesel is being sold at Rs 77.78 per litre, an increase of 36 paise. In Kolkata, petrol is being sold at Rs 83 per litre, up 14 paise and diesel at Rs 75.38 per litre, which is up 29 paise, today.
A few days ago, the petrol price was cut down by 5 rupees in Maharashtra which was little relief for a common man, but according to the recent situation, Modi government is playing with common people feelings. The BJP-government at the Centre had raised excise duty on petrol by Rs 11.77 a litre and that on diesel by Rs 13.47 a litre in nine instalments between November 2014 and January 2016 to shore up finances as global oil prices fell, but then cut the tax just once in October last year by Rs 2 a litre.
