Fuel prices are climbing at a record high when the economy is at a record low.

Cost of fuel has increased 23 times since 4 May, in what seems like almost every other day. While petrol rates have surged past Rs 100 in several states, diesel prices have also surpassed Rs 100 for the first time, with Sri Ganganagar a small city in Rajasthan being the first city in the country where both petrol and diesel prices crossed the century mark.


To put it into perspective, if on 3rd May petrol in Delhi was selling at Rs 90.55 a litre while diesel was selling at Rs 80.91, as of 14 June, petrol costs Rs 95.56 per litre in the capital and diesel Rs 86.47 a litre. In Mumbai, a litre of petrol now costs Rs 101.76 and diesel Rs 93.85 per litre.


While Oil Minister Dharmendra Pradhan did agree the price hikes are a problem, he also said that a lot of money has been spent on Covid vaccines, Pradhan Mantri Gareeb Kalyan Yojana and PM Kisan justifying that, "...In such dire times, we're saving money to spend on welfare schemes."

He also pointed fingers at opposition ruled states and suggested that states like Maharashtra and Rajasthan could reduce the sales tax levied on fuel to cut down the price.

It's a well-known fact that India's high taxes on petrol and diesel push the cost of fuels but why isn't the government doing anything to curb it?

Producer and Host: Shorbori Purkayastha
Guests: Amitabh Tiwari, Political CommentatorEditor: Shelly Walia
Music: Big Bang Fuzz
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<div>Fuel prices are climbing at a record high when the economy is at a record low.<br>
<br>

</div>
<div>Cost of fuel has increased 23 times since 4 May, in what seems like almost every other day. While petrol rates have surged past Rs 100 in several states, diesel prices have also surpassed Rs 100 for the first time, with Sri Ganganagar a small city in Rajasthan being the first city in the country where both petrol and diesel prices crossed the century mark.<br>
<br>
To put it into perspective, if on 3rd May petrol in Delhi was selling at Rs 90.55 a litre while diesel was selling at Rs 80.91, as of 14 June, petrol costs Rs 95.56 per litre in the capital and diesel Rs 86.47 a litre. In Mumbai, a litre of petrol now costs Rs 101.76 and diesel Rs 93.85 per litre.<br>
<br>
While Oil Minister Dharmendra Pradhan did agree the price hikes are a problem, he also said that a lot of money has been spent on Covid vaccines, Pradhan Mantri Gareeb Kalyan Yojana and PM Kisan justifying that, "...In such dire times, we're saving money to spend on welfare schemes."<br>
<br>

</div>
<div>He also pointed fingers at opposition ruled states and suggested that states like Maharashtra and Rajasthan could reduce the sales tax levied on fuel to cut down the price.<br>
<br>

</div>
<div>It's a well-known fact that India's high taxes on petrol and diesel push the cost of fuels but why isn't the government doing anything to curb it?<br>
<br>
<strong>Producer and Host: </strong>Shorbori Purkayastha<br>
<strong>Guests: </strong>Amitabh Tiwari, Political Commentator</div>
<div>
<strong>Editor:</strong> Shelly Walia</div>
<div><br>
</div>
<div>
<strong>Music:</strong> Big Bang Fuzz</div>
<div>
<br>
<strong>Listen to The Big Story podcast on:</strong>
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<div>Apple: <a href="https://www.youtube.com/redirect?q=https%3A%2F%2Fapple.co%2F2AYdLIl&amp;redir_token=G9sQMbbppKv-LEFD29gDyTmPMzt8MTU3MTM4MDU5NkAxNTcxMjk0MTk2&amp;v=xkpX1V6aUFo&amp;event=video_description">https://apple.co/2AYdLIl</a>
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<div>Saavn: <a href="https://www.youtube.com/redirect?q=http%3A%2F%2Fbit.ly%2F2oix78C&amp;redir_token=G9sQMbbppKv-LEFD29gDyTmPMzt8MTU3MTM4MDU5NkAxNTcxMjk0MTk2&amp;v=xkpX1V6aUFo&amp;event=video_description">http://bit.ly/2oix78C</a>
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<div>Google Podcasts: <a href="https://www.youtube.com/redirect?q=http%3A%2F%2Fbit.ly%2F2ntMV7S&amp;redir_token=G9sQMbbppKv-LEFD29gDyTmPMzt8MTU3MTM4MDU5NkAxNTcxMjk0MTk2&amp;v=xkpX1V6aUFo&amp;event=video_description">http://bit.ly/2ntMV7S</a>
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<div>Spotify: <a href="https://www.youtube.com/redirect?q=https%3A%2F%2Fspoti.fi%2F2IyLAUQ&amp;redir_token=G9sQMbbppKv-LEFD29gDyTmPMzt8MTU3MTM4MDU5NkAxNTcxMjk0MTk2&amp;v=xkpX1V6aUFo&amp;event=video_description">https://spoti.fi/2IyLAUQ</a>
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<div>Deezer: <a href="https://www.youtube.com/redirect?q=http%3A%2F%2Fbit.ly%2F2Vrf5Ng&amp;redir_token=G9sQMbbppKv-LEFD29gDyTmPMzt8MTU3MTM4MDU5NkAxNTcxMjk0MTk2&amp;v=xkpX1V6aUFo&amp;event=video_description">http://bit.ly/2Vrf5Ng</a>
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<p>The Big Story is back with a second season!</p>
<p>The news culture of our times is noisy, crowded, and honestly so confusing. This is why we are coming every fortnight on your podcast platforms to help you make sense of the new and now. <br aria-hidden="true"><br aria-hidden="true">With two new hosts, Anjali and Prateek, the second season of The Big Story will feature longer and well-rounded discussions with experts across science, culture, technology, politics, and more. Tune in on your preferred podcast platform!   </p>
<p> </p>
<p><em>Millions of listeners seek out <a href="https://bingepods.com/">Bingepods</a> (Ideabrew Studios Network content) every day. Get in touch with us to advertise, join the network or click listen to  enjoy content by some of India's top audio creators.</em><br><em><a href="mailto:studio@ideabrews.com">studio@ideabrews.com</a></em></p>
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