Reason for fuel prices hike in India
At present the price of petrol is going through the phase of Rs.88.12/litre in Mumbai whereas diesel is struggling at Rs.77.32/litre. It's not only a breakage of economy to middle class but also low wages people's which can bring hault of autmobiles. Different states suffering from hike as Delhi records the petrol price as Rs.80.73/litre and Diesel as Rs.72.83/litre. If the prices are differed from different countries a huge difference can be seen at a glance. For diesel the present Indian government gets almost Rs.11/litre more than the previous government. The common people are unaware of what happening around or how's the prices are rising. Let's bring you to the real pricing structure of fuels. The structure consists of different sub department which are excise duties, commission to dealers and VAT. Prices to dealers given Petrol Diesel ...