Petrol not diesel costlier in India than US

New Delhi: Petrol costs more in India than the United States of America (USA) because of higher taxes, but diesel is priced lower than the US, Minister of State for Petroleum and Natural Gas R P N Singh said today. Petrol in Delhi costs Rs 65.64 per litre, as against the retail price of just […]

New Delhi: Petrol costs more in India than the United States of America (USA) because of higher taxes, but diesel is priced lower than the US, Minister of State for Petroleum and Natural Gas R P N Singh said today. Petrol in Delhi costs Rs 65.64 per litre, as against the retail price of just Rs 45.45 a litre in the USA, he said in a written reply to a question in the Rajya Sabha here.

This is because taxes constitute Rs 26.44 out of the price of petrol in Delhi, while they amount to just Rs 5.54 in a litre in the USA. However, petrol is cheaper in Delhi than the United Kingdom, where it is sold at Rs 108.47 per litre, and France, where it costs Rs 103.14 a litre. The taxes on petrol in the UK and France add up to Rs 65.10 and Rs 59.26 per litre, respectively. The rates here are also lower than the price of Rs 104.31 per litre in Germany, Rs 110.07 per litre in Italy, Rs 90.04 per litre in Spain and Rs 88.09 a litre in Japan.