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Now, shell out Rs 1,000 more than last year to fill up petrol tank

MUMBAI: With the latest fuel hikes in Mumbai, you now pay Rs 1,000 more than what you would pay for filling up the vehicle tank with petrol in April last year. This is a huge jump and has burnt a hole in the pockets of motorists.

Dealers, however, say that the rush at the pumps continues as usual and people are buying expensive fuel for transport even as petrol is retailing at Rs 105 a litre now. It was priced at Rs 76.31 a litre in April last year.

On the other hand, the government has been earning a huge revenue, with the state earning around Rs 25,000 crore annually, an official said. Read More…

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