India’s fuel consumption jumped 6.6 per cent in March to reach 11.6 million tonnes on the back of increased vehicle movement for electioneering.
“Growth has picked in March... Looks like electioneering has had its impact,” Petroleum Secretary R S Pandey told reporters here.
Petrol sales rose 13.2 per cent to 1.05 million tonnes in March, while diesel consumption was up 8.6 per cent to 4.79 million tonnes.
The world’s largest democracy is holding the general elections to elect a new government. Polling for the first of the five phase elections was held on April 16. Electioneering for the Lok Sabha polls has seen increased vehicle movement.
Pandey said for the 2008-09 fiscal, fuel sales was up 4.5 per cent to 124 million tonnes.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app