NEW DELHI: State-run fuel retailers raised fuel prices across the board on Tuesday, a day after BJP completed selecting chief ministers in all the four states it won in the recent assembly polls. The hike in petrol, diesel and LPG drew a howl of protest from the opposition which called it a “triple assault”.
The first price increase in five months saw retailers raising the base price of petrol and diesel by 80 paise a litre. The actual increase at the pump will be higher by a few paise in accordance with the incremental impact of VAT in each state. Petrol in Kochi will cost Rs 105.18 per litre and diesel Rs 92.40 per litre, while in Thiruvananthapuram, a litre of petrol will cost Rs 106.36 and diesel Rs 93.47.
The price of household LPG (liquefied petroleum gas) refills has also been raised by Rs 50 each, marking the first increase in nearly six months. LPG prices are at record levels after the hike and the consumers will have to bear the entire brunt since the subsidy has been removed since May 2020.