Petrol, Diesel Prices Remain Steady Across Metros. See Rates
NDTV
Fuel prices remained unchanged for 108 days in a row across metro cities on Monday, February 21, 2022.
Petrol, Diesel Prices Today: Fuel prices remained unchanged for 108 days in a row across metro cities on Monday, February 21, 2022. This is the longest duration when the rates have remained static, ever since the daily revision of prices began in June 2017.
Earlier, there was an 82-day break in rate revision between March 17, 2020 and June 6, 2020, when the nation-wide lockdown was in place to contain Covid-19 spread.
The central government had cut excise duty on November 4, 2021, to give relief from prices that had reached an all-time high levels. The government had slashed the duty on petrol by Rs 5 per litre and on diesel by Rs 10 a litre, leading to a substantial reduction in prices of fuel.
Later in December 2021, the Delhi government had reduced the value-added tax on petrol from 30 per cent to 19.40 per cent. With this, petrol prices in the national capital were slashed by Rs 8.56 per litre.
