Prices of petrol and diesel in Uttar Pradesh
Today, i.e. on 22 March 2025, there is news of relief for the people of Uttar Pradesh. No changes have been recorded in the prices of petrol and diesel in the state. The average price of diesel remains ₹ 88.23 per liter, which was the same on yesterday i.e. March 21. At the same time, the average price of petrol was recorded at ₹ 95.09 per liter, which is stable compared to the previous day. That is, there is no upheaval in the price of fuel in the last 24 hours.
Due to this stability, there is no additional burden on the common man’s pocket. Especially at a time when the price of every essential item is increasing due to inflation, stability in the price of petrol and diesel is feeling like a relief.
There is no change in the four metro cities either
There has been no change in the prices of petrol and diesel in the four major metros of the country – Delhi, Mumbai, Kolkata and Chennai. Today’s latest rates are as follows:
- Delhi: Petrol ₹ 94.77 per liter, diesel ₹ 87.67 per liter
- Mumbai: Petrol ₹ 103.50 per liter, diesel ₹ 90.03 per liter
- Kolkata: Petrol ₹ 105.01 per liter, diesel ₹ 91.82 per liter
- Chennai: Petrol ₹ 100.93 per liter, diesel ₹ 92.52 per liter
It is clear from these data that fuel prices remain stable not only in Uttar Pradesh, but also in big cities of the country, which has given temporary relief to the common man.
Reason behind prices stability: International market
The main reason for the prices of petrol and diesel remains stable is no specific fluctuations in crude oil prices in the international market. For the past few weeks, the prices of Brent crude and WTI crude oil have been revolving in a limited range. This is the reason that even at the domestic level, oil companies did not change the prices of petrol and diesel.
Also, tax imposed by the central and state governments also affect these prices. The state government imposes VAT, while the central government takes excise duty. As long as there is no change in these two, the price can remain durability.
Can prices rise in the coming days?
Now the question arises whether the prices of petrol and diesel may increase in the coming time? According to experts, if the prices of crude oil in the international market rise rise, then the prices of petrol and diesel can also go up in India. But at the moment there is no such indication that there will be a huge jump in prices.
Experts also believe that factor can affect future prices such as the situation, international political situation, and supply policy of OPEC countries against the rupee. Therefore, consumers are advised to keep an eye on fuel prices from time to time.
How are the prices of petrol and diesel fixed in India?
Many people ask the question that how are the prices of petrol and diesel fixed? So let’s understand it in easy language. Three government oil companies mainly in India-Indian Oil Corporation (IOC), Hindustan Petroleum (HPCL), and Bharat Petroleum (BPCL)-Petrol and Diesel prices are fixed.
These companies decide the price of every day, including international crude oil prices, dollar-rupa exchange rates, transportation costs, dealer commissions and several factor of central and state government tax.
Every morning at 6 o’clock, new prices are implemented across the country. However, petrol and diesel retail prices have been stable for some time, and the last time was cut by ₹ 2 per liter in March 2024.
Petrol and diesel prices have an impact on common man
Even though the fuel prices remain stable today, but we all know that the prices of petrol and diesel directly affect every person’s pocket. Why? Because in a country like India, where a lot depends on public transport and trucking, if the oil is expensive, then the price of every need also goes up.
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Transportation expensive, goods also expensive: When diesel is expensive, freight by trucks becomes expensive. outcome? Vegetables, milk, grains, clothes – Effect on everything.
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Auto and taxi’s earnings affected: The cost of taxi drivers increases as petrol prices increase. If the fare is not increased then the profit decreases.
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Direct impact on budget: Every time the change in the price of petrol and diesel for middle class and lower income group can spoil the budget of the house.
Therefore, the stability of prices may be for shorter time, but it definitely provides some relief to people.
Why do petrol and diesel rates vary in states?
Many times we think that when crude oil is the same, then why there is so much difference in the prices of petrol and diesel in different states of the country. The direct answer to this is – VAT imposed by the state government,
Every state fixes tax on fuel according to its own. Some states impose more tax on this, which makes the citizens of petrol and diesel expensive. At the same time, some states reduce tax to provide relief to the public. For example:
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Rajasthan and Andhra Pradesh -Petrol and diesel are the most expensive here because VAT is more.
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Port Blair and Goa – Fuel is the cheapest here.
This difference is also because the state governments resort to tax to meet their financial deficit.
Government’s role in petrol and diesel prices
The role of the government is very important about the prices of petrol and diesel. The central government fixes excise duty and the state government implements VAT. Whenever the government wants the common man to get relief, it cuts these taxes.
As an example, In March 2024, the government cut petrol and diesel by ₹ 2 per liter.Which brought relief to the common people across the country.
Sometimes even in the election season, governments reduce tax so that the public can be happy. However, this relief does not last long, especially if crude oil becomes expensive in the international market.
How much is tax on petrol and diesel?
Do you know that when you buy petrol of ₹ 100, about half of it goes to the government as tax? Let’s see a breakdown of this:
| Constituent | Estimated percentage |
|---|---|
| Base price (refining etc.) | 40% |
| Excise Duty (Central Government) | 20% |
| VAT (State Government) | 25% |
| Dealer’s profit | 5% |
| Other costs | 10% |
This makes it clear that if the government wants, it can give relief to the public by cutting tax.
