There has been no change in the prices of petrol and diesel across the country for a long time. Petrol and diesel prices are running stable across the country, but in the midst of all this, a big good news is coming out.
The price of petrol can be reduced by Rs 18 and diesel by Rs 11. For the last 10 months, the general public has not seen any change in fuel prices, but Finance Minister Nirmala Sitharaman has given a good news.
Finance Minister Nirmala Sitharaman indicated
Finance Minister Nirmala Sitharaman has hinted that there may be a big cut in the prices of petrol and diesel in the coming days. The price of petrol can be reduced by Rs.18. For this, big planning is being done by the central government.
Government is making this plan
Let us tell you that the central government is planning to bring petrol and diesel under the ambit of GST. At present, this will be discussed in the GST Council. If there is an agreement on this from the state governments, then there can be a big fall in the prices of oil. At present, fuel is taxed at the rate of 28 per cent.
Boom in february
Let us tell you that there has been a huge jump in the demand for fuel across the country in the month of February. According to the preliminary data of the industry that came on Thursday, the consumption of petrol and diesel has increased in double digits this month due to the severe cold last month. According to the data, petrol sales increased by about 18 per cent to 12.2 lakh tonnes in the first fortnight of February. In the same period last year, this figure was 10.4 lakh tonnes. This figure is 18.3 percent more than the first fortnight of February in 2021.
How much has the demand for petrol increased?
During the period under review, the demand for petrol has increased by 13.6 percent on a monthly basis. Earlier in January, the demand had decreased by 5.1 percent on a monthly basis. This decrease was due to the decrease in the movement of vehicles in the cold season. Sales of diesel, the most used fuel in the country, increased by about 25 per cent year-on-year to 3.33 million tonnes during February 1-15.
