Press Esc to close
Thursday 28 August 2014
News updated at 2:51 AM IST
Weather
Max: 24.4°C
Min : 20.1°C
In Bangalore
Generally cloudy

Fuel hike makes petrol cheaper than diesel in Goa

Panaji, May 11, 2013 (IANS)
File Image

After the Friday hike in fuel prices by the central government, petrol is now cheaper than diesel in this western Indian state, known for cheap liqour.

While petrol is currently priced at Rs.52.10, the hike of 90 paise (Rs 1.09 post state government tax) takes diesel price to Rs.52.70.

The cost of petrol in Goa is the lowest in the country after the Manohar Parrikar-led government slashed VAT to 0.1 percent as part of a promise made in the party's 2012 election manifesto. At that time, the decision resulted in petrol prices dropping by a mammoth Rs.11.


President of the All Goa Petrol dealers association Paresh Joshi, the dynamics of fuel prices tilting in favour of petrol, consumers may go for petrol cars, instead of diesel vehicles to save money, unlike elsewhere in the country, where the trend is the opposite.

"It won't make a difference to us because a majority of petrol pumps have both fuels. But consumer trends may change vis-a-vis buying petrol or diesel vehicles," Joshi said.

Go to Top

Photo Gallery
Abhishek Bachchan posing next to the Pro Kabbadi League trophy in Bengaluru ...

Abhishek Bachchan posing next to the Pro Kabbadi League trophy in Bengaluru ...

Imran Khan  supporter waves national and party flags during what has been dubbed a 'freedom march ..

Imran Khan supporter waves national and party flags during what has been dubbed a 'freedom march ..

England's Ben Stokes fails to get to a catch during the second ODI against India ...

England's Ben Stokes fails to get to a catch during the second ODI against India ...

Narendra Modi in a meeting with President of Asian Development Bank, Takehiko Nakao in New Delhi ...

Narendra Modi in a meeting with President of Asian Development Bank, Takehiko Nakao in New Delhi ...

Family members mourn during cremation procession of Lance Naik Dhananjay Kumar who was killed ...

Family members mourn during cremation procession of Lance Naik Dhananjay Kumar who was killed ...

Crowd during cremation procession of Lance Naik Dhananjay Kumar who was killed in an encounter ...

Crowd during cremation procession of Lance Naik Dhananjay Kumar who was killed in an encounter ...

Britain's Deputy PM Nick Clegg during the inauguration of the United Kingdom India Business ...

Britain's Deputy PM Nick Clegg during the inauguration of the United Kingdom India Business ...

Dhoni is bowled by England's Chris Woakes during their second one-day international cricket match ..

Dhoni is bowled by England's Chris Woakes during their second one-day international cricket match ..

MS Dhoni bails fly as he is clean bowled by England's Chris Jordan ...

MS Dhoni bails fly as he is clean bowled by England's Chris Jordan ...

A Lord Ganesha idol decorated with 'Laddus at famous Moti Doongari temple in Jaipur ...

A Lord Ganesha idol decorated with 'Laddus at famous Moti Doongari temple in Jaipur ...

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bangalore - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523