Why Petrol is costlier than Diesel in India?
While Diesel is costlier than gasoline or petrol in European countries and North America, it is cheaper in India. In other words, petrol is costlier than Diesel in India. Why this difference?
Well, the answer to this lies in the unique pattern adopted by the India government in pricing petroleum products. In fact, this dates back to the immediate years since India's independence. Then a nascent economy with more problems than pluses, the government, realizing that farmers, trucks, and local bus fleets depend more on Diesel and petrol is used mostly by motorcycles and cars (then symbols of luxury), decided to structure the pricing accordingly so that lesser burden falls on the poor sections of the society. As a result, Diesel was priced lesser and the deduction in its price was subsequently added to the price of petrol.
And this continues till date. Now, after the recent hike in prices, a litre of petrol is priced above $1.1, while the same volume of Diesel is sold at $0.8.
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Why Petrol is costlier than Diesel in India?
with reference from above blog and asan indian citizen, i would like to say some facts. India is a developing country and majority of the indians are from middle class families. The majority of the consumers of petrol are middle class (Motor cycles and small petrol car users). Everybody knows that Diesel cars are costlier than petrol cars. The Goverment is actually giving depreciations to the upper class. The goverment can give depreciations to farmers and public transport by any another method.