Marginal rise in petrol, diesel prices

Petrol and diesel prices have been marginally hiked across the country from Saturday following government’s decision to raise petrol pump dealers’ commission.

While the prices of petrol has been hiked by Re 0.29 per litre, that of diesel has been raised by Re 0.20 a litre after the dealers’ commission on both the commodities were hiked by a similar amount.

With this hike, petrol in Delhi costs Rs 68.19 per litre and diesel Rs 47.15 a litre. The prices of both the commodities, however, vary in different states after imposition of sales tax.
Petroleum ministry issued orders on Friday night towards increase in dealers commission to be effective from Saturday.

The dealers’ commission has been raised for the first time after July 2011. This however falls short of their demand of an increase of Re 0.67 on petrol and Re 0.42 on diesel.

Federation of All India Petroleum Traders General Secretary Ajay Bansal said in a message that some of their other demands like running pumps on generators and free services like air and water have not been considered while calculating the proposed commission.
He, however, expressed the hope that the pending issues with the government will be settled soon.