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Home NEWS Petrol prices touch an all-time high in city

Petrol prices touch an all-time high in city

On Pongal when gasoline prices modified, no one seen that the city had touched an all-time high in petrol prices.

It now stands at ₹87.4 a litre. The earlier all-time high was ₹87.33, which climbed to ₹87.39 a litre for simply sooner or later in October after which slid down. This fee is for gasoline shops contained in the core city space and because the distance will increase, the prices improve and are over ₹87.5 a litre.

Consumers like G. Ramakrishnan, of Besant Nagar, are questioning the hike and demanding that the Centre and the State cut back their revenue from gasoline. “At a time when the government must help the people and restart the economy, such a move amounts to overburdening the public. Most homes are already suffering from pay cuts and lay-offs. In such a situation, this will lead to increase in transportation costs, which is unfair,” he mentioned. T. Sadagopan, shopper activist, mentioned such an improve would result in an extra rise in prices of greens and provisions. “These are already becoming very costly and families are struggling to make ends meet. People are buying only what is absolutely necessary. Cooking gas rates are also increasing every month. In fact, it went up twice last month,” he mentioned.

Chennai Perunagar Amaipu Sara Auto Ottunar Paadhugappu Nala Sangam’s T. Venkatesan mentioned practically 30% of autorickshaw drivers had moved on to different jobs in the course of the lockdown. “After the pandemic, people are opting for own vehicles and not using autorickshaws. We do not know how or when business will pick up. We are just managing with bare minimum trips,” he mentioned.

Oil business sources mentioned the prices had been set to extend additional. “We expect it to go up to ₹90 a litre and then may be drop by ₹5 a litre. But reduction part is only a guess. What the government is doing is unfair to customers. Fuel outlets are yet to see their business to pre-COVID-19 sales due to the increasing fuel prices. Only those who have to go out on work are using vehicles. People are yet to go on holidays or even long trips,” an business supply mentioned.

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