Diesel and Petrol Price Hike

Diesel and Petrol Price Hike

LOK SABHA 

UNSTARRED QUESTION NO. 1509
TO BE ANSWERED ON 10TH FEBRUARY, 2022

Diesel and Petrol Price Hike

1509. SHRI ANTO ANTONY

Will the Minister of PETROLEUM AND NATURAL GAS be pleased to state:

(a) whether the Government has intervened to stop the price rise of petrol and diesel in the country and if so, the details thereof;

Diesel and Petrol Price Hike

(b) whether the price of petrol and diesel has not gone up during the last one and half months as per the price of international markets, if so, the reasons therefor;

(c) whether the Government has any statistics regarding revenue generated through the sale of petrol and diesel;

(d) if so, the details of revenue generation during the last twelve months, month-wise;

(e) whether the Government has any statistics regarding consumption of petrol and diesel in the country; and

(f) if so, the details of consumption during the last twelve months, month-wise?

ANSWER
MINISTER OF STATE IN THE MINISTRY OF PETROLEUM AND NATURAL GAS 

(SHRI RAMESWAR TELI)

(a) & (b): Prices of petrol and diesel have been market-determined with effect from 26.06.2010 and 19.10.2014 respectively. Since then, the Public Sector Oil Marketing Companies (OMCs) take appropriate decisions on pricing of petrol and diesel in line with their international product prices, exchange rate, tax structure, inland freight and other cost elements.

(c) & (d): The details of revenue generation during the last twelve months, month-wise are given below:

S.No.

Month

Total Excise revenue for Petrol and Diesel (in Rs. Crore)

1

January,2021

36,649

2

February, 2021

34,049

3

March, 2021

37,307

4

April, 2021

35,038

5

May, 2021

28,780

6

June, 2021

30,362

7

July, 2021

34,733

8

August, 2021

31,833

9

September, 2021

30,439

10

October, 2021

35,220

11

November, 2021

27,043

12

December, 2021

27,564

Source: Ministry of Finance.

(e) & (f): The details of consumption of Petrol and Diesel during January, 2021 to December, 2021 are given below:

(Quantity in TMT: (P))

Products

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Petrol

2611

2472

2740

2386

1991

2409

2630

2692

2598

2750

2646

2816

Diesel

6806

6569

7225

6676

5533

6195

6135

5609

5516

6618

6507

7305


(P): Provisional, Source : Petroleum Planning and Analysis Cell (PPAC)


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