The price of crude oil has increased from $ 63.4 per barrel in April 2021 to $ 112.87 per barrel in March 2022. That is, an increase of 78 percent has been seen in one year. In such a situation, let us know whether the price of petrol and diesel in India is more or less compared to other countries?
In the midst of the Russia-Ukraine war, the international prices of crude oil have seen a lot of rise. In developed countries including America, Canada, the price of petrol has increased by 50 percent in a year, while in India too, the price of oil has increased. India imports to meet its oil needs. About 80 per cent of India’s oil requirements are imported. In such a situation, changes in global prices and international events are bound to have an impact on India’s oil prices. The price of crude oil has increased from $ 63.4 per barrel in April 2021 to $ 112.87 per barrel in March 2022. That is, an increase of 78 percent has been seen in one year. In such a situation, let us know whether the price of petrol and diesel in India is more or less compared to other countries? Along with this, let us tell you which are the states with the highest price of petrol and diesel.
|Country||price of petrol|
(In comparison to countries that are more dependent on petrol imports, oil prices in India are the lowest after Turkey.)
India compared to BRICS countries
Petrol and diesel prices in India are the lowest among the BRICS countries, second only to Russia’s own oil producer.
Top 10 States With Highest Petrol Price
|state||Petrol Price (Rs. Per Ltr) (till April 6, 2022)|
|A state in Eastern India||116.23|
Top 10 States With Highest Diesel Price
|state||Diesel Price (Rs. Per Ltr) (by April 6, 2022)|
|A state in Eastern India||101.06|
8 out of 10 states of the country where petrol and diesel prices are highest are non-BJP ruled states.
States that did not cut taxes on petrol and diesel
7 states—Maharashtra, West Bengal, Tamil Nadu, Telangana, Andhra Pradesh, Kerala and Jharkhand—still have not cut their rates. By not cutting their taxes on fuel, these states have earned an additional Rs 11,945 crore as compared to other states which have cut fuel taxes. What did the central government do with the revenue earned by the central government from fuel tax? Questions have been raised against the Center on this. The government used this amount for PMGAY, free vaccine for Kovid-19, free cash transfer to women, elderly and differently-abled during Kovid-19. PMGKAY With the extension of the scheme from March 2022 to September 2022, the central government’s expenditure on the scheme has increased from Rs 2.6 lakh crore earlier to about Rs 3.4 lakh crore. So, what have the states, which have earned an additional Rs 11,945 crore, done for the people of their state? He should be asked this question.