Petrol breaches Rs 80 mark, on a 4-year high in Kolkata

KOLKATA: Petrol price breached the Rs 80 mark in Kolkata on Thursday, marking a four-year prime, four days after the cost of diesel climbed to an unparalleled Rs 70 a litre within the town. More than 90% of the town’s cars, together with each public and private transport in addition to goods-carrying cars, run on these two fuels.


A litre of petrol offered at Rs 80.12 in Kolkata on Thursday and diesel offered at Rs 71.08 a litre. Diesel, alternatively, has transform dearer faster than petrol, which has diminished the space between petrol and diesel costs to about Rs nine, an odd incidence if one analyses the associated fee difference within the last one-and-a-half decades.


The simultaneous skyrocketing of the 2 most-used fuels within the town means that relations budgets would possibly get squeezed on multiple fronts: fuel bills for families that own small cars have already reached levels last observed in 2014; and there has been increasing clamour from public transport operators, tough a hike in bus and cab fares.


Truckers company on June 18 strike call


Cabbies, truckers and petroleum dealers have stuck to their resolution of taking part within the June 18 strike. About 40% of buses have already long gone off street. “We gave the government an ultimatum to revise the fare inside May 25. But no action has been taken up to now. The extra-ordinary spike in diesel costs has put the personal bus trade in coma. We are not going to name a strike however buses will mechanically pass off the street,” Joint Council of Bus Syndicates’ Tapan Bandyopadhyay mentioned.


The last time Kolkata saw petrol costs move up beyond the Rs-80 mark was once in 2014. The price of the fuel utilized in most family-owned cars breached the Rs-80 barrier on January five, 2014, and stayed above this mark until April 2014. The petrol price rose once more in July 2014, attaining Rs 81.43 a litre, prior to it started sliding in August. The easiest price petrol recorded in contemporary historical past was once in 2013, when a litre cost Rs 83.63 on September 14.
Petrol breaches Rs 80 mark, on a 4-year high in Kolkata Petrol breaches Rs 80 mark, on a 4-year high in Kolkata Reviewed by Kailash on May 25, 2018 Rating: 5
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