SIGNALLING the impact of the second wave of Covid infections on the economy, with most states putting in place stringent curbs on movement, the consumption of fuel — diesel, petrol and aviation fuel — fell by 25 per cent from March, the month before the surge, to May, official figures show.
During the same period, figures compiled by transporters show, e-way bills generated to carry goods also fell by 45 per cent, mainly due to restrictions on movement of vehicles within states.
According to figures compiled by the Centre’s Petroleum Planning and Analysis Cell (PPAC), the consumption of air fuel saw the maximum drop: 4,75,000 MT in March,