Dimapur is the largest city in the Indian state of Nagaland. Being the main access point and economic centre of the state, the transport system of the city is always on its toes. Being an economic center, the petrol price in Dimapur has a huge influence on the economic activity of the city. Whether you live in Dimapur, or work here, knowing the fuel prices will help you a great deal.
Petrol price in Dimapur
The petrol price in Dimapur today is INR 96.61 per litre. On the previous day, the price was the same.
The price did not experience any change in the last 10 days. However, the price has increased substantially than last year and people here are left with much lesser disposable income as they are having to spend a lot of their income on fuel.
The price of petrol has been quite stable in December 2022 and is yet to see any major spike. Among other districts of Nagaland, the price of petrol in Dimapur is one of the lowest.
The petrol price contains both the central and state level taxes. In districts such as Kiphere, Mokokchung, Tuensang, Zunheboto, etc. the price is above INR 100.00 per litre of petrol.
Diesel price in Dimapur
The diesel price in Dimapur today is INR 87.95 per litre. In the last ten days, the price did not see much fluctuation.
The diesel price is quite steady here as of now and devoid of major spikes. The use of diesel in the city is much higher than petrol or CNG as it is the exclusive choice for many private vehicle owners.
It takes a lot of complex machinery, and money to extract diesel from crude oil. Our country imports roughly 85% of its crude oil needs from overseas. The factors that mainly contribute to rising diesel costs are - the amount of crude oil we import and the Rupee to Dollar currency exchange equation.
The increase in tax revenue coming from the state government as well as the central government has made the price jump even higher. The state collects heavy excise duties from the sale of diesel within Dimapur.
Gas prices all around the world
Gas prices in India are much less expensive than in most western countries like Norway and Denmark. In the United States, citizens have been dealing with the biggest gas price jump the country has ever seen.
Citizens of Hong Kong are paying the maximum price as a single gallon is setting them back by roughly $11. Norway comes in second with a massive $9.64 per gallon, followed by Denmark with a price tag of $9.32 per gallon.
At the other extreme is the country of Venezuela, where citizens are having to pay only $0.08 per gallon of gas. Libya and Iran are also in this category where a gallon of gas only costs $0.12 and $0.20 respectively.
It is important to note that countries do have some control over the price of fuel through government-led policies. The major factor influencing gas prices is the amount of tax, countries impose on gas or the subsidy amount which countries place on gas.
Countries that have a robust transport system often incentivize public transport. External factors like the Russia-Ukraine conflict, economic sanctions on Russia, and the post-pandemic supply shock can further worsen the price scenario.
Countries with the highest gas prices as of May 2022 are - Hong Kong, Norway, Denmark, the Central African Republic, Monaco, Finland, Iceland, Greece, Netherlands, and Singapore. Countries with the cheapest gas rates per gallon include - Venezuela, Libya, Iran, Algeria, Kuwait, Angola, Nigeria, Turkmenistan, Malaysia, and Kazakhstan.
Conclusion
Do you want to keep a close watch on the prices of petrol, diesel, and CNG without much hassle? If yes, you should download the Park+ app. It can help you do that and more!
The app can notify you daily with news of price changes in fuel, be it diesel prices, or petrol prices in every Indian city, district, or state. Furthermore, it helps you to book parking spaces around you, get the right car insurance, find professional car wash services near you, etc. So, make sure to download the app from Google Playstore today!