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The government had decontrolled petrol price in June 2010 but rates were last increased on November 4, 2011.
This despite oil price rising by 14.5 per cent and 3.2 per cent fall in value of rupee against the US dollar.
Following are the revised prices of petrol in the four metros after the steepest-ever hike in rates.
Cities | Current Price | Revised Price | Increase |
Delhi | Rs 65.64 /ltr | Rs 73.18/ltr | Rs 7.54/ltr |
Kolkata | Rs 70.03/ltr | Rs 77.88/ltr | Rs 7.85/ltr |
Mumbai | Rs 70.66/ltr | Rs 78.57/ltr | Rs 7.91/ltr |
Chennai | Rs 69.55/ltr | Rs 77.53/ltr | Rs 7.98/ltr |
Discuss the petrol price hike here!