DayChange | Petrol-0.23 | Diesel-0.22 | CNG |
---|---|---|---|
Today | 95.16 | 88.31 | NA |
06 Dec | 95.39 | 88.53 | NA |
05 Dec | 95.16 | 88.31 | NA |
04 Dec | 95.39 | 88.53 | NA |
03 Dec | 95.49 | 88.63 | NA |
02 Dec | 95.48 | 88.62 | NA |
01 Dec | 95.07 | 88.22 | NA |
30 Nov | 95.16 | 88.31 | NA |
Note : there may be slight variations in prices across outlets within a city
Last October, the Uttar Pradesh government issued tax reductions on petrol. Although, commission rates on oil and its transportation have not decreased, only adding to the total increase in retail prices. Other states have also reduced Value added taxes (VAT) on petrol and diesel since last year. The government has also issued cuts in excise service fees for fuel and oil. At the moment, Andaman and Nicobar have the lowest price for petrol INR 84.10 per litre.
Lalitpur is a city and a municipal district in Uttar Pradesh. It is an agricultural hub of Uttar Pradesh, producing a wide variety of crops like wheat, soybean, maize, barley, etc. Agriculture is the main contributor to the city’s economy and the export of these products is essential for the growth of the economy. So, understanding the fluctuations in the petrol price in Lalitpur is vital in deciphering its effects on people’s lives in Lalitpur.
The petrol price in Lalitpur today is INR 95.16 per litre. The economy of the country has been affected both directly and indirectly. Although the demand has only increased ever since the prices spiked globally.
India is the third-largest consumer of crude oil. The growing population of India and the increasing prices of fuel have impacted the lives of people from all walks of life. As of today, the diesel price in Lalitpur is INR 88.31. People are encouraged to use diesel vehicles for better prices and safety.
The prices are fluctuating and are lower compared to spikes seen on 1st December.
Petrol prices are higher than diesel, and the increase in diesel prices is also approximately lower.
CNG prices have been unchanged and there has been no indication of CNG prices going up anytime soon.
The Uttar Pradesh government has recently reduced the tax from INR 18.74 per litre to INR 7.00 per litre. It followed the lead of the union in decreasing taxes for buyers and sellers alike. In addition to that, the Union Minister has said that the prices of fuels are contained compared to most of the world. Although the taxes have been reduced, the commission fees and other factors like the price of crude oil, etc. only deter affordable fuel prices.
Understandably, it is hard to keep yourself updated on the fluctuating prices of fuel these days. So, here is a great app where you can find all the information you need to stay updated on the subject.
The Park+ App is specially designed to make all the vehicle needs accessible in one place. In the case of fuel prices, it notifies you daily of any fluctuations in fuel prices in your city and across India. There are other uses of the app as well, please download the app to check them out for yourself as per your need. Turn on your notifications to get automatic updates to stay ahead of the spike in rates.
The increase in fuel prices always goes hand in hand with an increase in the prices of daily commodity products. The transportation industry is the only way products and crops reach all over India, into the houses of the common people. In the past months, people have seen rates increase, and it has made a dent in their household expenditure. It makes it harder to maintain and manage finances due to the increase in the petrol price in Lalitpur. Families continue to change their habits and daily needs to adjust to the growing prices, to make ends meet.
Diesel is a cheaper fuel than petrol because first, petrol is a refined fuel and costs more to produce. Petrol also costs more because the tax percentages and excise duty are higher compared to diesel. Diesel is less volatile and so it costs less than petrol.
Petrol rates vary from city to city depending on factors like tax rates, production and transportation costs, etc. The rates have increased less for some and significantly higher in other states and cities in the country. Chennai, Mumbai, and Kolkata are some of the cities that have higher fuel prices than Lalitpur, at the moment.