Petrol-Diesel Price: The prices of petrol and diesel have been continuously increasing in India for the last 13 days. Oil companies have increased prices several times, due to which the budget of the common man has been spoiled. On the other hand, the government in Pakistan has reduced oil prices to provide relief to the people. That is, while oil is becoming expensive in India, some relief has been seen in Pakistan. The ongoing tension in the Middle East and the rising prices of crude oil have affected both the countries, but the approach of the two governments seems to be different. Here we will know about this in detail and understand how the situation of India and Pakistan is at present.

What is the price of petrol and diesel in India??

In the last 13 days, the prices of petrol and diesel have increased by about Rs 7 to 8 per liter in India. The prices were increased four times in just 10 days. Currently, petrol in Delhi has crossed Rs 100 per liter, while in Mumbai petrol is being sold at around Rs 111 per liter. Diesel prices have also increased rapidly. Due to oil becoming expensive, the prices of transport, vegetables, milk and many other everyday items have also started increasing.

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What is the price of petrol and diesel in Pakistan?

Some time ago, petrol prices in Pakistan had reached 409 Pakistani rupees per liter. There too, the oil crisis and inflation had increased the problems of the people. But in the last few days, the Pakistan government has reduced the prices of petrol and diesel to provide relief to the people. According to reports, the government has made petrol cheaper by about Rs 6 per liter and diesel by about Rs 6.80 per liter. After the new price, petrol in Pakistan has reached around Rs 403 per liter. Even before this, the Government of Pakistan has given relief of up to Rs 5 per litre.

Why is the method different in both countries?

Oil companies in India are citing continuously rising crude oil prices and losses. According to media reports, government oil companies are incurring losses of around Rs 13 per liter on petrol and Rs 38 per liter on diesel. For this reason, prices are continuously being increased in India. Whereas, if we talk about the neighboring country, the government in Pakistan has decided to provide relief in view of the increasing resentment and inflation. However, the economy there is under more pressure than before, so the government has to resort to subsidies and tax adjustments to deal with it.

What is the impact on common people?

Due to continuously rising prices in India, people’s travel and household expenses have increased rapidly. Even on social media, people are continuously expressing their displeasure about inflation. Panic buying has even been seen in many cities. On the other hand, people have definitely got some relief due to falling prices in Pakistan, but the situation there too is not completely normal. At present, the eyes of both the countries are fixed on the international market and the situation in the Middle East, because the next movement of oil will be decided from there.

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