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Monday, May 16, 2011

Petrol price raised, but more to come

Petrol prices were hiked as already posted on Consumer World on 26th April. But it wasn't just another raise of 2-3 RS instead it was a whopping 5 Rs/l, the steepest ever hike. The oil companies are looking too increase the price even more!!
Petrol prices should have been raised by about 10 rupees a litre but we have increased them only by 5 rupees in public interest, said R.K. Singh, head of BPCL
This is the seventh time in 11 months that petrol prices have gone up and are set to upset household budgets, already reeling under the burden of higher food costs and loan installments.

And as if this was not enough, you may have to deal with Rs 4 hike in the price of diesel and cooking gas cylinders could cost Rs 25-50 more. The ministerial panel on fuels is expected to take a call on raising these prices next week.

1 comments:

Neha said...

I think our government wants that people prefer the Bi-cycle instead of Bike and Car.... so Govt. raise the petroleum rate day by day.....

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