Petrol hits alltime high of Rs 90 a litre

  • | Sunday | 16th September, 2018

Nashik: Petrol prices touched a new high of Rs 89.70 per litre in the city, while diesel prices also recorded an all-time high at Rs 77.46 per litre on Sunday. The steady climb in the price of fuel is causing much worry.It has become difficult for farmers, who use diesel-operated machinery, to cope with the price rise. Unfortunately, government has not taken any measures in the past three weeks to bring fuel prices under control,” Sachin Katyare, a shop owner, said.“Earlier, my fuel expenses were around Rs 2,200 per month. There is a scarcity of electricity, and we get power just eight hours a day for our pumps. I have started using my vehicle more sparingly now, as it is getting to be unaffordable” said Bhushan Gavande, who works in a private firm.

Nashik: Petrol prices touched a new high of Rs 89.70 per litre in the city, while diesel prices also recorded an all-time high at Rs 77.46 per litre on Sunday. The steady climb in the price of fuel is causing much worry.It has become difficult for farmers, who use diesel-operated machinery, to cope with the price rise. “Rains have been scanty and delayed and we are struggling. There is a scarcity of electricity, and we get power just eight hours a day for our pumps. We have no option but to use diesel-operated generators to run water pumps,” farmer Deelip Ahire said, adding that government should offer electricity for longer hours to ease the burden on farmers.The previous all-time high for petrol in Nashik was Rs 86.64 on May 29 this year, but prices dropped to Rs 83.43 on June 30.The previous all-time high of diesel prices was Rs 73.08 per litre on May 29 this year.Petrol prices have increased 22% in past 15 months from Rs 73.79 per litre on July 15 last year to Rs 89.70 on Sunday.Diesel prices increased 34% in the last 15 months from Rs 58.03 per litre on July15 last year to Rs 77.46 per litre on Sunday.“Fuel prices are related to inflation and rise in fuel prices may lead to rise in inflation. Unfortunately, government has not taken any measures in the past three weeks to bring fuel prices under control,” Sachin Katyare, a shop owner, said.“Earlier, my fuel expenses were around Rs 2,200 per month. It has now swelled to over Rs 3,000 per month. I have started using my vehicle more sparingly now, as it is getting to be unaffordable” said Bhushan Gavande, who works in a private firm.

If You Like This Story, Support NYOOOZ

NYOOOZ SUPPORTER

NYOOOZ FRIEND

Your support to NYOOOZ will help us to continue create and publish news for and from smaller cities, which also need equal voice as much as citizens living in bigger cities have through mainstream media organizations.


Stay updated with all the Latest Nashik headlines here. For more exclusive & live news updates from all around India, stay connected with NYOOOZ.

Related Articles