Petrol prices lower now than in 2013-14: Govt

The prices of petrol are lower than the 2013 level and the money collected through taxes on petro products was being used to develop infrastructure and creating educational facilities, government said today.
Union Minister Rajyavardhan Singh Rathore, who was replying to questions in Rajya Sabha on behalf of his colleague Petroleum Minister Dharmendra Pradhan, said the price of petrol had come down from what they were in 2013.
In July-August 2014, the price was 73.60 paise whereas in January 2017 it is 71, he said during the Question Hour.
Increase in excise duty and depreciation of the Rupee are among reasons due to which the slide of petroleum products in international market are not reflected in the retail selling price, he said. (PTI)


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