Petrol Crosses Rs 100-Mark
- 11-May-2021
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Petrol, Diesel Prices At Record Highs
Petrol and diesel prices on Monday hit record highs across the country after rates were increased for the fifth time in a week, Maharashtra joined Rajasthan and Madhya Pradesh in the league of states where petrol rates breached the Rs 100-a-litre mark.
Petrol price was hiked by 26 paise a litre and diesel by 33 paise per litre, according to a price notification by state-owned fuel retailers.
This was the fifth increase in prices since May 4. The increase took petrol and diesel prices to their highest-ever level. In Delhi, petrol now comes for Rs 91.53 per litre and diesel is priced at Rs 82.06 per litre.
While petrol prices had crossed the Rs 100-mark in some places in Rajasthan and Madhya Pradesh a few days back, Maharashtra's Parbhani joined the league on Monday. Petrol in Parbhani was priced at Rs 100.20 a litre, while in Bhopal it came for Rs 99.55 a litre.
The fuel is sold at Rs 102.42 a litre in Sri Ganganagar district of Rajasthan and at Rs 102.12 in Anuppur of Madhya Pradesh.
This is the second time this year that rates in some parts have crossed the Rs 100-a litre mark. Rates had breached the physiological mark for the first time in mid-February.
Central and state taxes make up for 60 per cent of the retail selling price of petrol and over 54 per cent of diesel. The union government levies Rs 32.90 per litre of excise duty on petrol and Rs 31.80 on diesel.
In Mumbai, the petrol price was hiked to Rs 97.86 a litre on Monday from Rs 97.61, while diesel rates were increased to Rs 89.17 from Rs 88.82, the price notification showed.
