The darkness does not end; Even today, fuel prices are on the rise, with diesel hitting a record high in Kerala

Automobile 2021-10-10

newsteamz_The darkness does not end; Even today, fuel prices are on the rise, with diesel hitting a record high in Kerala
  • Fuel prices rise again in the dark for people.

  • With the increase of 38 in diesel today, the price of diesel has crossed Rs 100 in Kerala and other states.

  • In Thiruvananthapuram, diesel prices crossed Rs 100 in Parashala, Vellarada and Karakonam areas.

Fuel prices rise again in the dark for people. With the increase of 38 in diesel today, the price of diesel has crossed Rs 100 in Kerala and other states. In Thiruvananthapuram, diesel prices crossed Rs 100 in Parashala, Vellarada and Karakonam areas. Today's price is Rs 100 eight paise. In Thiruvananthapuram, the price is Rs 99.83. Diesel prices have crossed Rs 100 in some petrol stocks in Idukki districts. Today, petrol price was hiked by 30 paise.

In Kochi, a liter of petrol costs Rs 97.90 per liter of diesel in Kochi. Here petrol is priced at Rs 104 35 paise. In Kozhikode, petrol is priced at Rs 104.61 and diesel at Rs 98.20. Diesel price has been hiked by Rs 19.63 per liter in 10 months. In the last 16 days, diesel has gone up by Rs 3.85. Petrol price in Kerala crossed Rs 100 four months ago. Kerala is the twelfth state where diesel price has crossed Rs 100.

Experts predict that fuel prices will continue to rise in the coming days. Sri Ganganagar in Rajasthan has the highest fuel prices in India. Petrol is priced at Rs 116.06 per liter. Diesel is priced at Rs 106.77. At the same time, the central government claims that the inclusion of fuel prices in the GST will reduce prices. But states including Kerala opposed the decision.

State Finance Minister KN Balagopal had said that the Center should not reduce the cess but should include it in the GST to reduce fuel prices. Petroleum and alcohol are the only products that states have the power to tax. These account for half of the total tax revenue of the state. The Center charges an additional Rs 26 per liter of petrol and Rs 29 per liter of diesel. If the Center wants to reduce petrol/diesel prices, it should first withdraw the cess. Balagopal had said that the Center was well aware that if petroleum was included in the GST, the state's share would go to the Center and prices would not go down.

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