After Budget, Inflation Shock, LPG Cylinder And Petrol-Diesel Prices Rise_Image Source Google

After Budget, Inflation Shock, LPG Cylinder And Petrol-Diesel Prices Rise

On Thursday, the oil companies have increased the worth of petrol and diesel by 35-35 paise per liter. Agricultural infra cess has been imposed on petrol and diesel within the budget, but the govt says that it’ll not affect the overall consumer. Similarly, the worth of LPG cylinder has increased by 25 rupees.

After several days of peace, on Thursday, oil companies have increased the worth of petrol and diesel by 35-35 paise per liter. Petrol in Delhi has become 86.65 liters. Similarly, the worth of LPG cylinder has increased by 25 rupees.

Significantly, within the budget, agricultural infra cess has been imposed on petrol and diesel, but the govt says that it’ll not affect the overall consumer.

How much is that the price of the cylinder

According to Indian Oil, consumers will need to pay more for 14 kg non-subsidized domestic gas cylinders. the worth of LPG cylinder has increased by 25 rupees. For this, Rs 719 per cylinder in Delhi, Rs 745.50 per cylinder in Kolkata, 710 in Mumbai and Rs 735 per cylinder in Chennai will need to be paid.

Crude oil is consistently getting stronger within the international market, although the impact of the international rate on the petroleum that comes for the Indian basket is seen after 20-25 days.

These are the rates of major cities

In Delhi, where petrol reached Rs 86.65 per liter on Thursday, diesel reached Rs 76.83 per liter. Similarly, petrol in Mumbai has been increased by Rs 93.20 and diesel by Rs 83.67, in Chennai by Rs 89.13 and diesel by Rs 82.04 and in Kolkata by petrol by Rs 88.01 and diesel by Rs 80.41. Petrol has become Rs 85.91 and diesel Rs 77.24 a liter in Noida.

Significantly, petrol and diesel prices have reached record highs within the New Year . thanks to this, inflation is predicted to extend . especially , the rise in diesel prices has an impact on many sectors. This increases the irrigation cost of the farmers and makes the freight expensive. the likelihood of inflation altogether sorts of goods increases thanks to freight being expensive.

It is worth noting that within the budget of 2021-22, it’s been decided to impose Rs. 2.5 per liter on petrol and Rs. 4 per liter on agricultural diesel. However, consumers won’t need to bear the additional burden of this cess. minister of finance Nirmala Sitharaman said that with the rise in agricultural cess, the speed of basic excise duty and extra excise duty has been reduced.

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