Representational image. (REUTERS)
Representational image. (REUTERS)

Petrol touches 100/litre mark in Rajasthan’s Ganganagar: All you need to know

Rajasthan chief minister Ashok Gehlot blamed the Centre for the high fuel prices as the latter has not reduced the taxes. He said if they reduce the taxes, then their revenue will decline
By HT Correspondent | Edited by Sameer
PUBLISHED ON FEB 18, 2021 09:59 AM IST

Petrol price touched 100 a litre in Rajasthan’s Sri Ganganagar district and rose to record highs elsewhere on Wednesday. Here is all you need to know about the price rise:

100 per litre retail price of petrol in Sri Ganganagar is the first time the fuel was sold at rates in the three digits anywhere in the country. In Delhi, petrol retailed at 89.54 a litre.

• Sri Ganganagar pays the highest rate for the fuel since it is the furthest from a nearby dispatching facility, which adds to transportation costs that are passed on to the consumer.

• Taxes account for more than 60% of the pump price of fuel. Part of these is central taxes and part, those levied by the state.

Also Read | Petrol price climbs to 89.88/L in Delhi, diesel crosses 80-mark

• In the case of Delhi, data available on the Indian Oil website shows that central excise duty and state value-added taxes added 32.9 and 20.61 per litre to the cost of petrol.

• The base price, freight and dealer commission amounted to just 35.78 per litre for petrol. In effect, almost 60% of what people pay for petrol is taxes.

• Prime Minister Narendra Modi criticised the previous governments for not doing enough to address India’s dependence on imports for oil.

• Petroleum minister Dharmendra Pradhan appealed to major oil producers to relax their self-imposed production cuts.

• Rising global crude oil prices and tight fiscal headroom appeared to limit the government’s ability to restrain the increase.

• The government has urged the oil producers’ cartel – the Organisation of Petrol Exporting Countries – as well as allies such as Russia to ease production cuts as higher prices are hitting demand and adding to inflation.

• Rajasthan chief minister Ashok Gehlot blamed the Centre for the high fuel prices as the latter has not reduced the taxes. He said if they reduce the taxes, then their revenue will decline. Gehlot said in view of the public sentiments, despite the pandemic, the state reduced 2% Value-Added Tax bringing a loss of 1,000 crore.

• Experts say despite much lower global oil demand, the restricted supplies and production cuts by oil-exporting countries are some of the major reasons for high oil prices.

• The government is not believed to be considering reducing the excise duty on fuel because of revenue concerns.

• India’s fiscal deficit is high at 9.5% of the gross domestic product in 2020-21 because of the Covid-19 pandemic. The Budget has also proposed 12 lakh crore borrowings in FY22 that would mean a high fiscal deficit of 6.8% next fiscal year.

• In these circumstances, the government has no space to immediately cut excise duties on petrol and diesel.

SHARE THIS ARTICLE ON
Close
Senior citizens take part in a digital literacy class by Agewell Foundation. (Sourced)
Senior citizens take part in a digital literacy class by Agewell Foundation. (Sourced)

Elderly make the digital switch during Covid-19 pandemic

By Manoj Sharma, New Delhi
PUBLISHED ON MAR 01, 2021 03:34 AM IST
India has about 104 million people aged above 60 — just a shade below China —according to the 2011 Census. But digital inclusion has been a distant dream for them. The government’s National Digital Literacy Mission (NDLM) aims to empower at least one person per household.
Close
**EDS: TWITTER IMAGE POSTED BY @AAPUttarPradesh ON SUNDAY, FEB. 28, 2021** New Delhi: AAP National Convenor and Delhi CM Arvind Kejriwal addresses during a farmer's rally, in Meerut. (PTI Photo)(PTI02_28_2021_000159B)(PTI)
**EDS: TWITTER IMAGE POSTED BY @AAPUttarPradesh ON SUNDAY, FEB. 28, 2021** New Delhi: AAP National Convenor and Delhi CM Arvind Kejriwal addresses during a farmer's rally, in Meerut. (PTI Photo)(PTI02_28_2021_000159B)(PTI)

Farmers in a do-or-die battle: Kejriwal at mahapanchayat

By S Raju, Meerut
PUBLISHED ON MAR 01, 2021 02:35 AM IST
Speaking at a Kisan Mahapanchayat in Meerut, the Aam Aadmi Party (AAP) leader termed the new laws as a “a death warrant” for farmers. He said the farmers were in a “do or die” battle because they felt the government would hand over their land to corporates and they would become labourers on their own land.
Close
Mehul Choksi siphoned off close to <span class='webrupee'>₹</span>7,080 crore in the <span class='webrupee'>₹</span>13,578 crore Punjab National Bank (PNB) fraud before fleeing to Antigua on January 4, 2018, a month before the mega-scam came to notice.(HT Photo)
Mehul Choksi siphoned off close to 7,080 crore in the 13,578 crore Punjab National Bank (PNB) fraud before fleeing to Antigua on January 4, 2018, a month before the mega-scam came to notice.(HT Photo)

Antigua revokes citizenship of Mehul Choksi

By Neeraj Chauhan, New Delhi
PUBLISHED ON MAR 01, 2021 12:57 AM IST
The development was confirmed to HT by at least two officers in the Central Bureau of Investigation (CBI) and Enforcement Directorate (ED), who added that the fugitive businessman is currently fighting revocation of his citizenship in an Antiguan civil court.
Close
The new rules that will cover over-the-top (OTT) platforms such as Netflix and Hotstar, social media intermediaries such as Facebook and Twitter, and digital news media, were notified by the government on Thursday.
The new rules that will cover over-the-top (OTT) platforms such as Netflix and Hotstar, social media intermediaries such as Facebook and Twitter, and digital news media, were notified by the government on Thursday.

New rules make way for self-regulation: I&B ministry secretary

By Deeksha Bhardwaj, New Delhi
PUBLISHED ON MAR 01, 2021 12:31 AM IST
“There will be no authoritarian process,” information and broadcasting ministry secretary Amit Khare told Hindustan Times. “The regulation system is accountable to the courts. Any misuse of power can be checked.”
Close
After the elephant attacked and killed the man, it moved southwards leaving behind the 2-year-old calf, which is still in the village. (FOREST DEPT).
After the elephant attacked and killed the man, it moved southwards leaving behind the 2-year-old calf, which is still in the village. (FOREST DEPT).

Chhattisgarh man trampled to death while trying to take selfie with an elephant

PUBLISHED ON MAR 01, 2021 12:20 AM IST
  • The kin of the deceased have been given an instant relief amount of 25,000 and the body has been sent for post-mortem.
Close
People above 65 years of age, those with comorbidities, pregnant women and children below 10 years of age should take necessary precautions, the government advised. In picture - people near the Marina beach in Chennai.(ANI)
People above 65 years of age, those with comorbidities, pregnant women and children below 10 years of age should take necessary precautions, the government advised. In picture - people near the Marina beach in Chennai.(ANI)

Tamil Nadu extends Covid-19 lockdown till March 31

By hindustantimes.com | Written by Srivatsan K C, New Delhi
PUBLISHED ON FEB 28, 2021 11:36 PM IST
The state government, in its new order on Sunday, said that the lockdown is being extended to contain the spread of the novel coronavirus effectively and also asked all district administrations to enforce strict Covid-19 appropriate behaviour.
Close
Amravati is under lockdown as Covid-19 cases witnessed a sudden uptick. (ANI)
Amravati is under lockdown as Covid-19 cases witnessed a sudden uptick. (ANI)

Feb spike of Covid-19 in several states: What we know about mutants, variants

By hindustantimes.com | Edited by Poulomi Ghosh
UPDATED ON FEB 28, 2021 11:04 PM IST
Mutations eventually accumulate to generate variants that differ from the original virus more and more.
Close
Teachers cited stress nearly twice as often as insufficient pay as a reason for quitting. (Praful Gangurde/HT Photo)
Teachers cited stress nearly twice as often as insufficient pay as a reason for quitting. (Praful Gangurde/HT Photo)

Stress key reason for teachers to quit job before, during pandemic: Study

ANI, Washington
PUBLISHED ON FEB 28, 2021 10:08 PM IST
Most former teachers went on to take jobs with less or equal pay, with 3 in 10 taking jobs with no health insurance or retirement benefits.
Close
Health ministry on Sunday released a detailed guideline on how to self-register for vaccine on Co-Win app.
Health ministry on Sunday released a detailed guideline on how to self-register for vaccine on Co-Win app.

How to register on Co-Win: Ministry releases step-by-step guideline

By hindustantimes.com | Edited by Poulomi Ghosh
UPDATED ON FEB 28, 2021 11:17 PM IST
Booking once made on Co-Win app can be rescheduled to even a vaccination centre of another city, in case people have to travel between the two doses of vaccination
Close
File photo: National Conference president and former J-K PM Farooq Abdullah. (HT Photo)
File photo: National Conference president and former J-K PM Farooq Abdullah. (HT Photo)

'Congress must unite to defeat ‘divisive’ forces': Farooq Abdullah

UPDATED ON FEB 28, 2021 09:59 PM IST
  • “I want the Congress party to be strong. I want the Congress to unite and fight the divisive forces," he said.
Close
Union Minister for Health &amp; Family Welfare Dr. Harsh Vardhan.(ANI)
Union Minister for Health & Family Welfare Dr. Harsh Vardhan.(ANI)

Health Minister lauds contributions of medical professionals in pandemic

PTI
PUBLISHED ON FEB 28, 2021 09:58 PM IST
He made these remarks at the Global Indian Physicians Congress, organised by the Global Association for Physicians of Indian Origin (GAPIO), through video conference, the ministry said in a statement.
Close
The average voting percentage across all these local bodies together was around 60.26 per cent, it said.(HT Photo )
The average voting percentage across all these local bodies together was around 60.26 per cent, it said.(HT Photo )

Over 60% voter turnout recorded in Gujarat local body polls

PTI, Ahmedabad
PUBLISHED ON FEB 28, 2021 09:24 PM IST
As per the provisional figures, voter turnout of 54.95 per cent across 81 municipalities, 62.41 per cent in 31 district panchayats, and 63.42 per cent in 231 taluka panchayat, was recorded, the State Election Commission (SEC) said.
Close
A farmer sleeps inside a mosquito net during a protest against the new farm laws, at the Singhu border in New Delhi on Sunday. (ANI Photo)
A farmer sleeps inside a mosquito net during a protest against the new farm laws, at the Singhu border in New Delhi on Sunday. (ANI Photo)

Delhi sees 2nd highest mean maximum temperature for Feb since 1901

PTI, New Delhi
PUBLISHED ON FEB 28, 2021 09:09 PM IST
The highest mean maximum temperature recorded for February in Delhi was 29.7 degrees Celsius in 2006, the IMD officials said.
Close
Congress leader Rashid Alvi said that his party will have work round the clock and formulate a strategy in the upcoming polls to fight BJP.(File photo)
Congress leader Rashid Alvi said that his party will have work round the clock and formulate a strategy in the upcoming polls to fight BJP.(File photo)

Appreciating BJP's work ethics, Rashid Alvi says Congress must work 24/7

ANI, New Delhi
PUBLISHED ON FEB 28, 2021 08:59 PM IST
Alvi also commented on Prime Minister Narendra Modi's regret that he could not learn Tamil Nadu, during his monthly radio programme Maan Ki Baat.
Close
A health worker during a dry run for the administration of Covid-19 vaccine.(ANI/ File photo)
A health worker during a dry run for the administration of Covid-19 vaccine.(ANI/ File photo)

News updates from HT: Dry run at 4 govt-run hospitals in Pune tomorrow

PUBLISHED ON FEB 28, 2021 08:56 PM IST
Here are today’s top news, analysis and opinion. Know all about the latest news and other news updates from Hindustan Times.
Close
SHARE
Story Saved
OPEN APP