Amit Shah meets Pradhan as petrol, diesel prices touch record high

Image
Press Trust of India New Delhi
Last Updated : Sep 10 2018 | 8:45 PM IST

Amid petrol and diesel prices scaling new highs on daily basis, BJP president Amit Shah Monday met Oil Minister Dharmendra Pradhan, sources with direct knowledge of the meeting said.

It was not immediately clear what transpired at the meeting, which took place at the BJP headquarters in the national capital.

While Pradhan was not reachable for comments, sources said assembly elections in Odisha and spiralling fuel prices may have topics of discussions between the two leaders.

Assembly elections are due in Odisha in 2019.

Pradhan, who had at the time of the previous rally in May spoken about a long-term solution to price volatility in works, on Saturday blamed the current spike to global factors.

Shah had in May indicated of a solution being in works in the government to check rising fuel prices in the country.

Rates had fallen shortly after touching a peak of Rs 78.43 per litre in case of petrol and Rs 69.31 a litre for diesel in the national capital on May 29.

A month later, petrol prices were at Rs 75.55 a litre and diesel at Rs 67.38. Rates thereafter slowly starting moving up and since mid-August have been on fire, rising by Rs 3.65 a litre in case of petrol and by Rs 4.06 per litre in case of diesel as the rupee hit the record low against the US dollar, making imports costlier.

Petrol in Delhi costs Rs 80.73 per litre and a litre of diesel comes for Rs 72.83 a litre. In Mumbai, petrol is priced at Rs 88.12 a litre and diesel costs Rs 77.32 per litre.

Rates vary from city to city depending on local sales tax or VAT and transportation cost. Delhi has the cheapest price in all metros and most state capital because of lower taxes.

The meeting between Shah and Pradhan came on a day when opposition parties led by Congress for the first time observed a nationwide strike over soaring fuel prices.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: Sep 10 2018 | 8:45 PM IST

Next Story