Rising Petrol and Diesel prices

Flawed formula

Print edition : October 12, 2018

A protest by the Janata Dal (Secular) in Bengaluru during the Bharath Bandh on September 10 against the Union government for increasing fuel prices. Photo: V. Sreenivasa Murthy

Congress supporters at a rally in Kolkata during the Bharat Bandh. Photo: Dibyangshu Sarkar/AFP

The pricing mechanism in India, which is based on the international price of petrol, is a major reason for the rising fuel prices, alongside the increase in the price of crude oil and the falling rupee.

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