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Old 25th September 2020, 13:59   #6916
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Default Re: The Official Fuel Prices Thread

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Originally Posted by ABHI_1512 View Post
Nepal- ₹67
Bhutan- ₹49.6
Sri Lanka- ₹64

All the above countries are small compared to India
How can you compare banana republics with our country? We are a world leader in science, economics and 'entire general knowledge'. Obviously our fuel prices will be more.

And realistically speaking, how many politicians and civil servants are going to be in Bhutan? How many parliaments? We have probably 50 crore of these to be supported. How else but by fuel and income tax.
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Old 26th September 2020, 15:21   #6917
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Default Re: The Official Fuel Prices Thread

We need affordable energy to boost the manufacturing and development to make the 'Atmanirbhar Bharat' mission (or just yet another hyperbole?) succeed.

Electricity and fuel are two primary sources of energy and both are way too expensive commodities in India.

Fuel cost breakup:-

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Last edited by tbppjpr : 26th September 2020 at 15:23.
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Old 26th September 2020, 18:00   #6918
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Inexpensive energy is key pillar of growth, with such sky high fuel and energy (elect, industrial power tariff, High tension tariff) this entire 'make in India' is still born. We also have to consider corruption, social disruption expenses, natural calamities to cost of manufacturing in India and the costs get unviable for profitable investments.

Last edited by Gannu_1 : 26th September 2020 at 18:51. Reason: piller > pillar
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Old 26th October 2020, 16:59   #6919
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Default Re: The Official Fuel Prices Thread

The Centre is reportedly planning to raise excise duty on petrol and diesel soon. According to reports the forthcoming hike could go up by as much as Rs 6 per litre.

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In March, the government had taken Parliamentary approval to raise special additional excise duty on petrol to Rs 18 per litre and on diesel to Rs 12 per litre but did not change the levy then. In May, it raised special additional excise to Rs 12 on petrol and to Rs 9 on diesel. This leaves the government with the space to increase excise duty on petrol by a further Rs 6 per litre and on diesels by Rs 3 per litre.
https://auto.hindustantimes.com/auto...706243913.html
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