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The prices of petrol and diesel have once again risen, which has lightened the common man’s pocket. Oil companies across the country have increased the price of petrol by 50 paise per liter and diesel by 55 paise per liter. This increase has come into effect from Tuesday morning. In New Delhi, the price of petrol has now been Rs 105.30 per liter and diesel to Rs 94.85 per liter. The situation in Mumbai is worse, where petrol is being sold at Rs 112.45 and diesel Rs 101.20 per liter.

Impact of international market

Oil companies say that this increase has been due to a rise in crude oil prices in the international market. In the last few weeks, crude oil prices have increased by more than 5%, which is directly affecting the importing countries like India. India imports more than 80% of its needs from abroad. In such a situation, the fluctuations in global prices directly affect our pocket.

Common man’s problem increased

This increase in the prices of petrol and diesel has happened at a time when inflation is already at its peak. From vegetables to everyday things, the prices of everything are touching the sky. Ramesh Kumar, an auto driver from Delhi, said, “Already earning is less, diesel has become expensive from above. Now it is difficult to drive.” At the same time, housewife Shalini Gupta said, “Petrol is expensive, the cost of transport increases, which makes everything more expensive in the market.”

Warning between government and opposition

Political battle has also started regarding this increase. Targeting the government, the opposition said that no concrete steps are being taken to provide relief to the common man. Congress leader Rahul Gandhi wrote on social media, “Inflation and increase in petrol and diesel prices, this is a proof of the government’s failure.” In response, BJP spokesperson Sambit Patra said that prices have increased due to the global market and the government is trying to give relief to the people by reducing tax.

What is the path ahead?

Experts say that if crude oil prices increase further in the international market, then the prices of petrol and diesel in India can also go up further. Some economists suggest that the government may cut tax, but for this a large part of the revenue will have to be put at stake. At the moment, the general public may have to make a habit of living with this increase.