Two times petrol Hikes in a month
Then in time again, on the 15 May 2015, just about a fortnight later, there is a hike declared yet another time, by INR 3.13 per liter for petrol and INR 2.17 per liter for diesel.
Counting it to be the second hike in the month, on May 1st itself the Govt. had announced a hike for fuels like Petrol got higher for INR 3.96 per liter and diesel increased at INR 2.32 per liter. Then in time again, on the 15 May 2015, just about a fortnight later, there is a hike declared yet another time, by INR 3.13 per liter for petrol and INR 2.17 per liter for diesel.
This is quite scary for the auto users in India, two hikes in a term of just merely 15 days have left the people really thinking hard about how the our country is heading on the survival of a common man, who works hard 14 hours in order to earn his bread and butter, and to do so he can to drive and travel many kilometers to work in the peak hours wherein the best of cars fail to prove their mileage.
Including both the hikes, the prices for petrol have gone up by Rs. 7.09/liter and diesel has be up by Rs. 4.54/liter. The price of a liter of petrol in the capital now costs Rs. 66.29 and diesel price is as high as Rs.51.74. The fuel retailing companies in the country work upon the rates of the fuels on each 1st and the 16th of the month, on the basis of the rupee-dollar exchange rate the fortnight prior. Well, we really are unsure, how the people will cope up with the flying prices and their vehicles.