Rising petrol price in India, Why petrol price is so high in India.??
Before 2014, fuel price hikes used to outrage the public. Today, nobody seems to care. The difference tells you a lot about what appears to be ‘public opinion'. In the last one year alone much of this increase happened in petrol and diesel price. who really is the hardest hit. It is the common man. In this one year people have lost jobs and incomes, and inflation has soared. Fuel getting expensive just when people have less money in their pockets. Is really government is responsible for this?? Before getting to that point lets analyse the recent price of petrol per litre in neighboring countries. 1. Afghanistan-47 Rs, 2. Bhutan-49 Rs , 3. Myanmar-87 Rs, 4. Sri Lanka-60 Rs, 5. China-75 Rs, 6. Nepal-69 Rs, (All in Indian rupees) So in comparison with this neighbors. Why petrol prices is high in India? This is because Near about 80% crude oil, India import from middle east countries like Saudi Arabia, Iran,Iraq. India also produces its own crude but in small quantities comp