Fuel of Trust
India’s push towards ethanol-blended petrol is rooted in sound national objectives.
India’s push towards ethanol-blended petrol is rooted in sound national objectives.
The Finance Ministry notification covers E22, E25, E27 and E30 fuel variants, provided they follow BIS specifications and composition rules.
A sharp increase in fuel prices has started reflecting in Chhattisgarh. Petrol prices in Raipur have now crossed the ₹103 per litre mark.
The common man in Uttar Pradesh, already grappling with inflation, cooking gas shortages, and increased milk prices, received yet another blow as petrol, diesel, and CNG prices in the state increased starting Friday morning.
India’s state-run oil companies have raised petrol and diesel prices by ₹3 per litre nationwide, pushing fuel costs higher across major cities amid rising crude oil pressures.
The NDMC chairman presented a budget with a moderate surplus of Rs 135.84 crore in the current financial year (2021-22) and Rs 178.95 crore for the financial year 2022-23.
Across the country as well, the price of the fuel remained unchanged on Wednesday, but the retail rates varied depending on the level of local level taxes.
Notably, fuel prices have been steady for the past one-and-a-half months.
Kejriwal said in a tweet in Hindi, "Today we have made petrol very cheap in Delhi. We have slashed the VAT rate from 30 per cent to 19.4 per cent. Petrol and diesel have become cheaper in Delhi compared to other NCR cities and towns. Hope this step will bring relief to people living in Delhi from the price rise."
As a result, under the daily price adjustment procedure used by oil marketing corporations, gasoline and diesel prices remained unchanged for the 11th consecutive day.