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Minor Rise in Fuel Prices in Kolkata
ECONOMY & POLICY

Minor Rise in Fuel Prices in Kolkata

Residents of Kolkata are experiencing a slight increase in fuel prices, with petrol now priced at Rs 105.41 per litre and diesel at Rs 92.02 per litre, effective from 12 May. This adjustment follows a revision in the basic fuel price by oil marketing companies (OMCs), impacting daily commuters and raising concerns about inflation and sustainable transport options in the city.

The price hike amounts to forty paise for petrol and twenty paise for diesel, reflecting periodic evaluations by OMCs based on operational and logistical factors. While such changes are typically minor, they directly influence retail prices paid by consumers.

In contrast, Patna witnessed a sixty paise per litre decrease in diesel prices, while fuel rates in other eastern states remained stable. The timing of this adjustment coincides with ongoing concerns about consumer inflation and the financial strain on daily commuters.

The reliance on fossil fuels in urban transportation highlights the need for sustainable alternatives. Experts suggest that policymakers should promote solutions such as electric vehicles and improved public transport infrastructure to reduce dependence on fossil fuels and enhance urban mobility.

As Kolkata navigates these changes, focusing on developing resilient and equitable transport systems is vital to address both economic and environmental challenges.

Source:UrbanNews


Residents of Kolkata are experiencing a slight increase in fuel prices, with petrol now priced at Rs 105.41 per litre and diesel at Rs 92.02 per litre, effective from 12 May. This adjustment follows a revision in the basic fuel price by oil marketing companies (OMCs), impacting daily commuters and raising concerns about inflation and sustainable transport options in the city.The price hike amounts to forty paise for petrol and twenty paise for diesel, reflecting periodic evaluations by OMCs based on operational and logistical factors. While such changes are typically minor, they directly influence retail prices paid by consumers.In contrast, Patna witnessed a sixty paise per litre decrease in diesel prices, while fuel rates in other eastern states remained stable. The timing of this adjustment coincides with ongoing concerns about consumer inflation and the financial strain on daily commuters.The reliance on fossil fuels in urban transportation highlights the need for sustainable alternatives. Experts suggest that policymakers should promote solutions such as electric vehicles and improved public transport infrastructure to reduce dependence on fossil fuels and enhance urban mobility.As Kolkata navigates these changes, focusing on developing resilient and equitable transport systems is vital to address both economic and environmental challenges.Source:UrbanNews

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