Business Other News 28 Aug 2017 Quietly, petrol is R ...

Quietly, petrol is Rs 6 a litre costlier

DECCAN CHRONICLE.
Published Aug 28, 2017, 12:32 am IST
Updated Aug 28, 2017, 12:32 am IST
The cost of fuel fell in first 15-day period till June 30. Since then, the prices have risen in 50 out of 60 days.
Representational image
 Representational image

Hyderabad: The daily revision of fuel prices has camouflaged the increase of cost of petrol and diesel, silently pinching the pockets of motorists.

The price of petrol has increased Rs 6 per litre since the scheme was introduced on June 16, and diesel Rs 4.

 

In August, petrol became costlier by Rs 3.88, going up from Rs 69.18 per litre to Rs 73.06 on Sunday.  The price of diesel was up Rs 1.60, from Rs 60.30 on August 1 to Rs 61.90.

The cost of fuel fell in first 15-day period till June 30. Since then, the prices have risen in 50 out of 60 days.

Earlier, fuel prices used to be revised on the 1st and 16th of every month. The price of fuel would sometimes be revised by as much as `3 per litre, inevitably evoking protests. The silent daily increase has gone largely unnoticed.

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Location: India, Telangana, Hyderabad




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