Hyderabad Motorists fret over farm cess on fuel
HYDERABAD: Adding to the woes of motorists who are already experiencing high fuel prices comes the decision of Union Finance Minister Nirmala Sitharaman’s decision to levy Agriculture Infrastructure and Development Cess (AIDC) of Rs 2.5/litre on petrol and Rs 4/litre on diesel. Petrol is currently Rs 89.75/litre and diesel Rs 83.44/litre. If the hike is implemented, petrol would cost Rs 92.25 and diesel would Rs 87.44. Several motorists are also worried that the petrol price will cross Rs 100 in no time.
