There are no under recoveries in Petrol as is being put up by the Government and Oil Marketing Companies .
World wide prices of Diesel and Petrol are nearly same. In India Petrol price has been decontrolled and Diesel price retained as administrative pricing . When ever crude prices go up Diesel price is not changed ( for political reasons ) and Petrol is made to cross subsidise Diesel. Government should either decontrol Diesel pricing or bring down the heavy taxation on Petrol. Even today Petrol costs only Rs32 a Liter to produce. Petrol is used by the common man ( in scooters , motor cycles , Small cars like Maruti 800 , Tata Nano etc . ) Expensive cars and SUV s use Diesel. In Punjab Petrol is Rs. 8 a Liter more expensive than the neighbouring state of Haryana due to a very High VAT imposed by Punjab Govt.
Jalandhar citizens want that price of Petrol in Punjab should not be more than Rs. 50 Per Liter.
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World wide prices of Diesel and Petrol are nearly same. In India Petrol price has been decontrolled and Diesel price retained as administrative pricing . When ever crude prices go up Diesel price is not changed ( for political reasons ) and Petrol is made to cross subsidise Diesel. Government should either decontrol Diesel pricing or bring down the heavy taxation on Petrol. Even today Petrol costs only Rs32 a Liter to produce. Petrol is used by the common man ( in scooters , motor cycles , Small cars like Maruti 800 , Tata Nano etc . ) Expensive cars and SUV s use Diesel. In Punjab Petrol is Rs. 8 a Liter more expensive than the neighbouring state of Haryana due to a very High VAT imposed by Punjab Govt.
Jalandhar citizens want that price of Petrol in Punjab should not be more than Rs. 50 Per Liter.
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