The Petrol and diesel rates have been going up and up by the day. Today the petrol is voting Rs 92 per litre in Mumbai which is an all time high .
So far it never touched the 90 mark.
It is a record price per litre we can say. In Delhi it is Rs 85.50. In Mumbai Diesel is costing 84.50 per litre. This is also an all time high. The Government is unable to explain as to why the prices were rising so much especially before the budget session.
The LPG rates are also going up day in and day out. If burden has to be reduced the excise duty on the fuel has to be reduced by the respective states.
The daily price revision system by the oil companies has resumed on January 6th. The rate of the petrol and Diesel varies from state to state depending on the local excise duty.
However the consumer is facing the brunt. The incomes after the Covid conditions have come down drastically across the country and this hike becomes a big burden to the common man.
The incomes are not going up, but the expenditure is going up on daily basis in various forms. The grocery rates have also raised. Getting work for the labour on daily basis has become very difficult.
