Anand is also referred to as “Charotar”. The dialect that the residents of Anand speak is also called “Charotar”. In Sanskrit, the word means “beautiful”. It is the perfect term to describe the district with its well-tilled, fertile soil.
The reason Anand is a historic town is because of Amul. Anand citizens cooperatively own Amul, India’s biggest producer of milk and milk products. Nowadays, the district also has an agriculture university where 10,000 students from all over the country come to study.
However, Anand is otherwise a regular Indian town, and its residents face the same problems due to increased fuel prices. In this guide, we'll have a look at the present petrol and diesel price in Anand and the factors that influence them.
Petrol Price in Anand
Today the petrol price in Anand stands at INR 94.29 per litre (average). While it's higher than many places in India, it still hasn't crossed the 100-rupee mark.
As per the visible trend, the price of petrol in Anand seems to hang towards the higher end. Even the fluctuation in petrol price is mostly stable, only gaining or losing a few paisas.
Diesel Price in Anand
Today the diesel price in Anand stands at INR 89.96 per litre (average). It's worth noticing that the price difference between petrol and diesel isn't as wide as in many other Indian cities. It could be due to the fact that Anand isn't a metropolitan city like Mumbai, Bangalore, Delhi, or Hyderabad.
The recent price trends show that the price of diesel in Anand has been on the higher side. Price fluctuations in diesel are not very dramatic. Overall, the diesel rates in Anand have been stable.
Factors That Affect the Price of Fuel in Anand
In Anand, many costs go into the price of petrol and diesel. Actually, fuel everywhere carries additional costs. Usually, the final price you pay for fuel is twice the amount you would pay without the added costs. But what are these costs and why are they added?
You can divide the added costs into two categories – commissions and taxes. Here is a clear breakdown of the categories –
Excise duty – The central government of India levies this tax universally across all states. It is constant regardless of which state you live in.
VAT – The state government levies Value Added Tax on petrol, diesel, and CNG, Since VAT is a state issue, the exact amount of tax changes from state to state.
Profit margin – OMCs (Oil Marketing Companies) are responsible for procuring, promoting, and selling fuel. They keep a profit margin to earn revenue.
Dealer commission – A fuel dealer charges money for transporting fuel from point ‘A’ to point ‘B’. The exact commission will depend on the distance a dealer has to travel.
The above factors play a key role in the cost of fuel in India, including small cities and towns like Anand. Apart from that, the following factors influence the cost of petrol and diesel in Anand:
Crude oil price
International crude oil prices affect the cost of petrol and diesel in India because India imports a significant amount of crude oil to meet its domestic demand. When the international prices of crude oil rise, the cost of producing and importing petrol and diesel also increases, leading to higher retail prices.
Exchange rate
Exchange rates also play a role in determining the cost of petrol and diesel in India. When the value of the Indian rupee falls against the U.S. dollar, the cost of importing crude oil and other petroleum products becomes more expensive, resulting in higher retail prices.
Taxes
Taxes imposed by the central and state governments also have a significant impact on the retail prices of petrol and diesel in India. The government levies various taxes, such as excise duty and value-added tax (VAT) on petrol and diesel, which increases their final cost.
Transport cost
Transportation costs also add to the final cost of petrol and diesel. The cost of transporting fuel from refineries to retail outlets and distribution centers, and the cost of running a network of petrol pumps and storage tanks, are included in the final retail price.
Conclusion
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