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Private players seek govt intervention as fuel shortage rises in India

FIPI says companies are suffering a loss of Rs 20-25 a litre on diesel and Rs 14-18 a litre on petrol at present due to the non-revision of prices

Fuel | Indian Oil Corporation | Bharat Petroleum Corporation

Shine Jacob  |  Chennai 

fuel, oil, petrol
Fuel prices remained unchanged since May 21 when finance minister Nirmala Sitharaman announced a cut in excise duty on petrol by Rs 8 a litre and diesel by Rs 6 a litre.

Despite the government bringing in private players under the universal service obligation last week (USO), there was a dry out of outlets across the country on Sunday. While Madhya Pradesh, Rajasthan and Karnataka were mainly affected last week, reports of shortage are now coming from Tamil Nadu, Chattisgarh, Odisha, Kashmir and other states too.



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First Published: Sun, June 19 2022. 16:56 IST