Petrol and diesel prices have increased for the 12th consecutive day in Delhi, today’s rates are known

Petrol and diesel prices have risen for the 12th consecutive day in the capital, Delhi. Petrol costs 39 paise on Saturday and 37 paise on diesel. In addition, petrol in Delhi costs Rs 90.58 per liter. At the same time, the price of diesel is Rs 80.97 per liter.

Earlier, petrol prices in Delhi crossed the Rs 90 per liter mark on Friday, while the diesel price rose to Rs 80.60 per liter. Petrol and diesel prices were hiked by 31 and 33 paise respectively on Friday.

Entrepreneurs are worried about petrol price hikes
Along with petrol and diesel, the price of LPG is also rising. On the one hand, the general budget is affected by the continuous increase in the price of petrochemicals. At the same time, industrial units and the market have been affected. After the lockdown, the free markets business is not back to track properly. In such a situation, traders are considering the increased prices of the petrochemicals business as a crisis. Traders are starting to worry about getting goods and getting expensive.

Auto parts can be up to 15% more expensive
Kashmiri Gate, one of the leading wholesale markets for Asian vehicles, is crowded as usual. While some stores have large numbers of customers, some customers have very few customers. The direct impact of increased petrol and diesel prices is not visible in the market at this time, but traders are concerned about these increased prices. Viney Narang, president of the Kashmiri Gate Auto Parts Traders Association of Apache, says businesses have not re-enforced in open markets after closing on one hand. Already, the increased prices of petrol and diesel have raised concerns. On the one hand, it is expensive for merchants and consumers to reach the market from their vehicle. On the other hand, there are many plastic and rubber products in the business, which are made from petrol. The impact of rising petrol and diesel prices will have a direct impact on them. According to the instructions we are getting, the price of automotive parts will soon increase by 10 to 15% as petrol and diesel prices continue to increase.

Extra burden on daughter’s business
Sadar Bazaar is as crowded as normal days. Merchants are engaged in business as usual at Teliwada, Sadar Bazar. There is no direct effect of increased petroleum products prices in the market, but traders are worried about the increased prices of petrol and diesel. Markets have opened after the corona’s closure, but the business is not back on track, said Rajendra Sharma, general secretary of the Federation of Southern Bazaar Traders Association. In such a scenario, the increase in petrochemicals is an additional burden to traders. As the price of petrochemicals increases, it becomes more expensive to store goods. Because of this, merchants may have to pay five to ten extra goods. In many products, merchants can charge consumers for this increase, but in many products prices cannot be increased, which are borne by merchants.

Shipping from outside will be expensive
Chandni Chowk market traders are worried about petrol and diesel price hike. According to Suresh Bindal, president of Chandni Chowk Business Council, the increase in petrol and diesel prices make it costly to call goods. Due to expensive petrol and diesel, inflation will undoubtedly increase and the price of truck and other goods coming from the market from other states will increase. The increase has not yet taken place, but it will directly affect entrepreneurs and the general public whenever it is implemented. People come from all over the country to buy clothes in this market, so the increased prices affect people across the country, ”he said. He said the excise duty on petrol and diesel should be reduced. Petrochemicals should be brought under GST. 20% of the aerosol production of sugarcane mills should be mixed with petrol and diesel. Five percent of aerosols are still in use. This will help the public and increase the price of petrol.

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