Another hike in fuel prices!


New Delhi: The fuel prices continued to increase across the country and oil marketing companies raised the price of petrol by 16 paise a litre and diesel by 14 paise a litre on Thursday.

The diesel price increased for 19th day in a row since the daily revision of prices started in June 7 after a gap of 82 days due to lockdown.

After the increase, petrol was retailing at Rs 79.92 in New Delhi and diesel was selling at Rs 80.02 a litre.

Diesel prices in Delhi had shot past petrol prices on Wednesday for the first time ever.

Chairman of state-run Indian Oil Corp (IOC), Sanjiv Singh, said that higher diesel price in Delhi was a result of a steep hike in Value Added Tax or VAT by the state government.

The government has been facing the Opposition’s ire over the fuel price increase. The Congress has directed state units to stage a dharna (sit-in protest) at all district headquarters across the country on June 29 against the rising prices of diesel and petrol.

Left parties – Communist Party of India (Marxist), Communist Party of India, Communist Party of India (Marxist-Leninist), Revolutionary Socialist Party and All India Forward Bloc – have also criticised the government over the fuel price hike.

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