Business Standard

BS Number Wise: One litre petrol takes 30% of Indians' average daily income

Fuel taxes give a bonanza to the government, but also dent the affordability for low income earners

Oil Ministry authorises new companies to sell auto fuels in the country

Abhishek Waghmare Pune
I just paid Rs 2,142 for 20 litres of petrol in Pune today, and I could not stop gawking at the fuel station meter. I vividly remember that I had swiped for Rs 1,600 for the same quantity of petrol not very long ago. But that’s the reality almost everywhere in India.
This has certainly made me cautious about spending money elsewhere. But as I was driving back home, a thought struck me. Wouldn’t those like labourers, construction workers and small farmers be in a far worse situation?
An average Indian, according to official statistics, spends merely Rs

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jul 19 2021 | 1:24 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on are available only to BS Premium subscribers.

Register to