diesel price cut today: Inflation And Diesel

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diesel price cut today: Inflation And Diesel

New Delhi
Petrol-diesel price: In the festive season, the government has given great relief to the people in the price of petrol and diesel. According to the central government, a plan has been prepared to give relief in the price of petrol and diesel to the people by cutting excise duty.

According to the central government, excise duty on petrol is being reduced by ₹ 5 and excise duty on diesel by ₹ 10. People already suffering from high inflation are expected to get a lot of relief from this news. The entire business of transporting goods runs on diesel-powered trucks. So when diesel becomes cheaper, freight will be less, inflation will stop a little.

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Assam Chief Minister Hemant Biswa Sarma and Tripura CM Biplab Deb have announced reduction of tax levied on fuel by the state government by ₹7 after the central government reduced the excise duty on petrol and diesel. It is expected that the rest of the states can also reduce the tax of the states levied on petrol and diesel. This is expected to bring a lot of relief to the people suffering from high inflation. Along with Himachal Pradesh Chief Minister Jai Ram Thakur and Karnataka, the Goa government has also announced a reduction in the price of petrol and diesel by ₹7 per liter.

increased freight cost

Diesel has become costlier by Rs 25 per liter in about seven months between March and October. During this period itself, transportation of goods by truck has become costlier by about Rs 41 per kilometer. For example, a 12 wheeler truck gives a mileage of 3 kmpl. The distance between Lucknow to Delhi is about 500 kms. 170 liters of diesel is consumed in bringing goods from Lucknow to Delhi. In March 2021, when the price of diesel was Rs 90, a truck would cost Rs 15,300 to travel to Delhi. Now in the last week of October, when diesel has reached Rs 105, then this expenditure has gone up to Rs 17,850.

Can get relief from inflation

Fruits, vegetables, cereals, pulses, oil etc. come from many parts of the country to the capital of the country. The cost of transporting a diesel vehicle through hilly areas is higher as compared to plain areas. In such a situation, due to the inflation of diesel, the cost of transportation increases by about 15 percent. The transporter says that along with Himachal and Uttarakhand, many types of fruits and vegetables come to Delhi from states like Jammu and Kashmir and due to the increase in the price of diesel, the inflation of these items had increased. Now that the price of diesel is being reduced, people are expected to get some relief from inflation.

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Also read: On the occasion of Diwali, the government gave gifts to the people, petrol will be cheaper by five-diesel by ten rupees

On the occasion of Diwali, the government gave gifts to the people, petrol five-diesel will be cheaper by ten rupees

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