Petrol and diesel prices hiked

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Bangalore, Oct 27: Motorists will have to pay slightly more for petrol and diesel from today as the government has increased the petrol pump dealers' commission.

The hike in petrol prices ranges from 29 paise per litre in Delhi to 37 paise here. As far as diesel is concerned, people in Delhi will have to shell out an additional 20 paise per litre whereas vehicle users in Bangalore need to cough up 24 paise more.

The rates are different because VAT and Sales Tax varies from state to state.

Last night, the Ministry of Petroleum and Natural Gas ordered that petrol pump dealers will henceforth get Rs 1.78 as commission for every litre of petrol instead of Rs 1.49 per litre.

They will also receive Rs 1.08 per litre of diesel. Till yesterday, the dealers were paid just 91 paise per litre as commission.

Ajay Bansal, general secretary of the Federation of All India Petroleum Traders, welcomed the Petroleum Ministry's decision but pointed out that they had appealed for the commission on petrol to be raised by 67 paise.

The federation had sought a 42 paise increase in commission on diesel, he added. The petrol pump dealers' commission was last hiked in Jul last year.

OneIndia News

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