17 - Sep - 2020

Diesel price is increased to a record level.

Diesel price is increased to a record high in our country. The reason cited is, the increase in the price of crude oil in the international market. Diesel price in Delhi presently is Rs.64.58 per litre and the price of petrol is Rs.73.73 per litre. The price of crude oil in the international market is only $70 per barrel at present. It may be recollected that crude oil was sold at $100 per barrel some years ago. Even in those days diesel price was not so high in India. The real fact of the matter is that, government of India is minting money, by raising taxes on petrol and diesel, citing the slight price rise of crude oil in the international market. This is nothing but looting the working masses of this country, for showering benefits to the corporates.