Note : there may be slight variations in prices across outlets within a city
The petrol price in Kottayam is the same as in other parts of Kerala. This is because the government fixes prices based on a formula that considers factors such as international fuel prices, state taxes, and levies and federal taxes.
The petrol price in Kottayam is higher than in other parts of Kerala. Diesel price is also not cheaper than in other parts of Kerala. Since petrol is the most common fuel for vehicles in Kottayam, the recent increase in petrol prices has made many people worried. Experts predict that intensive and expensive gasoline and diesel will significantly influence the average Indian's daily life.
As crude oil prices rise, Kottayam's gasoline prices are becoming more and more unstable. The cost of gasoline has gone up in Kottayam as the value of the rupee against the dollar declines daily. The cost of gas in Kottayam should be double-checked if you consider a more extended trip.
The petrol price in Kottayam today is INR 107.83 per litre.
Kottayam has about 48 branded fuel stations. This includes Shell India, HP Petro, IOC, and many more. These fuel stations offer different fuels such as petrol and diesel fuel, and other petroleum products such as aviation turbine fuel (ATF). Kerosene oil is sold to their customers at highly competitive prices with attractive discounts on the daily rate for all types of car owners across the city.
The diesel price in Kottayam is INR 96.74 per litre.
Today, state taxes are included in the pricing of gasoline and diesel in Kerala, according to a notification issued by the Central Government on August 27, 2019.
Kerala State has witnessed fuel price hikes since January 15 this year due to various factors, including the rise in international oil prices. High demand for petroleum products, increased production by refineries and increased usage among consumers due to increased traffic.
Petrol prices are regulated by the Central Government, while the State Government regulates diesel prices. Thus, when the governments increase crude oil prices, it impacts the daily lives of the consumers.
As a consumer, it is natural to wonder how this will impact your life. Petrol and diesel prices were always high in the Kottayam market, but now with an increased rate, buying them will be all the more expensive. Not only directly, but the increase in fuel prices in Koyyatam also affects your life indirectly. With a rise in petrol and diesel prices, other goods and commodities of daily use become expensive. Further, travelling by public transport also becomes costly due to the increases in fare prices.
However, there are many ways in which you can save money when buying fuel for your car or motorcycle. For example, you can buy petrol and diesel in bulk up to a certain limit legally. This will give you some leverage when the petrol price is high in Kottayam. You can also use a good fuel price monitoring app to be updated about the fluctuations in petrol and diesel price in your city!
Are you looking for an intuitive and user-friendly application to monitor petrol and diesel price in Kottayam? If yes, the Park+ app has you covered! It is a free app that lets you see the gas price at your local station, even when you're not at home.
The app offers seamless navigation that lets you look up the current petrol, diesel, and CNG prices anywhere in India. You can also enable notifications for your city or district, so you never miss out on important fuel price changes.
The petrol price in Kottayam should be increased by 20% because the increase in other commodities has yet to compensate for this increase. The increase in the petrol price is a significant loss to the people of Kerala, who are already experiencing financial distress. The government must implement a policy that will ensure that oil companies do not hike their prices at will. The government should also consider providing subsidies for those who cannot afford such high prices.
The current petrol pricing is a good one. The price of petrol has surged in recent years, and it is not the government's fault. Prices have increased because oil companies have increased their profit margins from selling fuel to consumers, and this increase in profit margin has led to an increase in petrol prices. This increase in petrol prices is justified because it will allow for better quality vehicles to be produced.
The government should regulate petrol prices to prevent inflationary effects. The government can control the supply of petrol and oil products. They can do this by limiting the amount of petrol and oil products produced, or they can put a cap on the price of these products. If there are no limits on how much petrol and oil products can be produced, then there will be too much supply, and prices will go down. However, if there is a limit on how much is produced, then there will be less supply, and prices will go up.