Petroleum Minister Hardeep Singh Puri explains why petrol prices are not decreasing

Hardeep Singh Puri, Petroleum Minister
File image of Hardeep Singh Puri
Hardeep Singh Puri, Petroleum Minister
File image of Hardeep Singh Puri

Petroleum Minister Hardeep Singh Puri said that the public authority plans to bring down the fuel costs, however since the states would prefer not to bring fuel under the ambit of the GST, consequently petroleum costs are not descending.

“In the event that your inquiry is do you need the petroleum costs to descend then the appropriate response is yes. Presently, in the event that your inquiry is the reason the petroleum costs are not descending, the appropriate response is on the grounds that the states would prefer not to bring it under GST,” Puri said in a meeting with PTI,

Puri, nonetheless, shielded the public authority, saying the Center forces an extract obligation of ₹32 per litre and the income accordingly created is spent on different government assistance plans.

“The Center charges ₹32 per litre (as expenses on petroleum). We charged ₹32 per litre when the fuel cost was USD 19 for every barrel, and we are as yet charging the equivalent in any event, when the value rose to USD 75 for each barrel. With this ₹32 per litre, we give free proportion, free lodging and Ujjawala, among a few different plans, to individuals,” he said.

In the interim, costs of petroleum and diesel kept on leftover unaltered the nation over today (22 September). Petroleum and diesel costs were keep going overhauled on September 5 when petroleum and diesel costs were cut by 15 paise per litre each in the public capital.

The cost of petroleum in Delhi remains at ₹101.19 per litre while that of diesel is at ₹88.62. In Mumbai, petroleum as of now costs ₹107.26, while diesel at ₹96.19, information accessible on Indian Oil Corporation’s site showed.

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