New Delhi: Petrol and diesel prices have started rising as assembly elections in 4 states and one Union Territory are over. State-run oil companies have hiked petrol and diesel prices for the second consecutive day today. Petrol has been increased by 19 paise and diesel by 21 paise per litre in Delhi. Diesel has again crossed Rs 81 per litre in Delhi.
It may be recalled that there was no increase in the price of petrol and diesel for nearly two months during the assembly elections. Petrol and diesel prices rose for the first time since then yesterday, Tuesday, and today it has again gone up. Petrol jumped 19 paise to Rs 90.74 per litre in Delhi on Wednesday. Diesel also rose 21 paise to Rs 81.12 per litre. Similarly, petrol in Mumbai went up to Rs 97.12 and diesel at Rs 88.19 a litre, chennai to Rs 92.70 and diesel to Rs 86.09 and in Bengal's capital Kolkata to Rs 90.92 and diesel to Rs 83.98 a litre.
The price of petrol and diesel had not gone up for the past 66 days, but petrol and diesel prices had come down four times during this period. Wholesale inflation hit a peak of 8 years in March as petrol and diesel prices remained high in the country. As the prices of petrol and diesel skyrocketed, demand was rising to include them in the GST to cut their prices drastically. According to an estimate, if petrol comes into GST, it can suddenly come down to Rs 75 a litre.
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