Oil Marketing Companies offers to set up 20,000 Electric Vehicle charging stations
Last month the government eased norms for installing EV charging stations and instructed state governments to promote setting up of EV charging infrastructure.
Last month the government eased norms for installing EV charging stations and instructed state governments to promote setting up of EV charging infrastructure.
Across the country as well, the price of the fuel largely remained unchanged on Monday but the retail rates varied depending on the level of local taxes.
Accordingly, petrol and diesel prices remained static for the 14th consecutive day on Thursday under the daily price revision mechanism followed by oil marketing companies.
Under the pricing formula adopted by oil companies, rates of petrol and diesel are to be reviewed and revised on a daily basis.
Prices of both auto fuels reduced only once in April by 16 and 14 paisa per litre, respectively. Diesel prices were also reduced by 16 paisa per litre in Delhi on July 12.
Across the country, petrol and diesel prices increased between 24-28 paise per litre on Monday, but its retail prices varied depending on local taxes in different states.
Accordingly, pump price of petrol and diesel remained at Rs 90.40 a litre and Rs 80.73 a litre respectively in Delhi.
Across the country as well the petrol and diesel prices fell on Thursday but its retail levels varied depending on the level of local levies in respective states.
Petrol and diesel fell by 22 paise and 23 paise per litre respectively last week on Tuesday in the wake of global softening of oil prices.
The total government subsidy for fertilizer, food and petroleum was aggregated to Rs 1,96,769 crore. This constitutes 56.53 per cent of central petroleum revenue and 34.18 per cent of the total petroleum sector's revenue. This clearly shows that this sector meets the Centre's entire subsidy burden; so, it would be wrong to say the subsidy to the sector is a burden on the government
