The price of petrol has now crossed Rs 80 per litre in Mumbai while the same has gone past Rs 72 per litre mark in the national capital.
Petrol in Mumbai is now being sold at Rs 80.10 per litre, while the price for the same in Delhi has reached Rs 73.23. In Lucknow, the cost of one litre petrol is now Rs 73.94, while in Patna it has now reached Rs 76.55.
Reducing fuel prices was one of the key promises of Prime Minister Narendra Modi. Modi and other senior leaders of the BJP had given grief to the then UPA government for the rise in petrol prices. This despite the fact the crude prices in international market was over $100 per barrel.
Since then, the prices of crude oil in international market has considerably come down, but the benefits have not been passed on to the customers. Contrary to revising the retail fuel prices every fortnight, the government last year had introduced a new system of daily revision. The government had said that this will help control the sky-rocketting prices of petrol and diesel. But, this has turned out be even more costlier exercise.
Union Oil Minister Dharmendra Pradhan said that his ministry was trying to bring petrol and diesel under the purview of the Goods and Services Tax (GST).
“We are trying that petrol, diesel and kerosene should also come under the ambit of GST. We are hopeful that the GST Council will agree to it shortly,” the Petroleum and Natural Gas Minister was quoted by ABP News.