{"id":33251,"date":"2013-02-01T16:05:37","date_gmt":"2013-02-01T14:05:37","guid":{"rendered":"http:\/\/www.nationalturk.com\/en\/?p=33251"},"modified":"2013-02-01T16:05:37","modified_gmt":"2013-02-01T14:05:37","slug":"india-to-hike-diesel-price-every-month-33251","status":"publish","type":"post","link":"https:\/\/www.nationalturk.com\/en\/india-to-hike-diesel-price-every-month-33251\/","title":{"rendered":"India to hike diesel price every month"},"content":{"rendered":"<figure id=\"attachment_33253\" aria-describedby=\"caption-attachment-33253\" style=\"width: 389px\" class=\"wp-caption alignleft\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-33253  \" src=\"http:\/\/www.nationalturk.com\/en\/wp-content\/uploads\/2013\/02\/Dieselprice-India-Nationalturk-1-540x360.jpg\" alt=\"Diesel price will be hiked every month in India.\" width=\"389\" height=\"259\" srcset=\"https:\/\/www.nationalturk.com\/en\/wp-content\/uploads\/2013\/02\/Dieselprice-India-Nationalturk-1-540x360.jpg 540w, https:\/\/www.nationalturk.com\/en\/wp-content\/uploads\/2013\/02\/Dieselprice-India-Nationalturk-1-180x120.jpg 180w, https:\/\/www.nationalturk.com\/en\/wp-content\/uploads\/2013\/02\/Dieselprice-India-Nationalturk-1-280x186.jpg 280w, https:\/\/www.nationalturk.com\/en\/wp-content\/uploads\/2013\/02\/Dieselprice-India-Nationalturk-1.jpg 600w\" sizes=\"auto, (max-width: 389px) 100vw, 389px\" \/><figcaption id=\"caption-attachment-33253\" class=\"wp-caption-text\">Diesel price will be hiked every month in India.<\/figcaption><\/figure>\n<h1>The Indian government has decided to hike price of diesel every month.<\/h1>\n<p>New Delhi, Feb 1\/Nationalturk -In what may not be a good news for Indian citizens, the Indian government has decided to hike price of diesel every month.<\/p>\n<p>\u201cDiesel prices in India will be hiked by 40-50 paise per litre every month,\u201d Indian Oil Minister M Veerappa Moily told reporters here today.<\/p>\n<p>He said the hike will continue till losses on country\u2019s most used fuel are completely wiped out. \u201cThe Oil marketing companies can increase the diesel price by 40-50 paise per litre every month,\u201d he said.<\/p>\n<p>The diesel is currently being sold Rs. 47.65 in Delhi (Indian capital) and Rs. 53.71 in Mumbai (Indian business hub)<\/p>\n<p>\u201cThe Oil companies are currently selling diesel at a loss of over Rs 10.80 per litre in India,\u201d the minister said.<\/p>\n<h2>Hike will continue till further orders<\/h2>\n<p>He said the hike in diesel prices in small doses will continue till further orders.<\/p>\n<p>The price of petrol in India is purely market-determined while diesel remains mostly under government control. \u201cHowever, now Oil companies have now some minor freedom to make small revisions to the price\u201d.<\/p>\n<p>According to economic experts, India\u2019s policy to subsidise retail prices of fuels such as diesel and cooking gas is a major drain on the budget of the country.<\/p>\n<p>They said the continuous price hike of diesel may hit the sales of diesel vehicles in India.<\/p>\n<p><em>\u00a0<\/em><\/p>\n<p><em>Write your comments and thoughts below<\/em><\/p>\n<p><strong>Faiz Ahmad \/ NationalTurk India News<\/strong><\/p>\n<p>&nbsp;<\/p>\n<!-- Error, Advert is not available at this time due to schedule\/geolocation restrictions! -->\n<h1><\/h1>\n","protected":false},"excerpt":{"rendered":"<p>The Indian government has decided to hike price of diesel every month.<\/p>\n","protected":false},"author":732,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30,80,68,63,51,1,118,85,14],"tags":[44970,7175,44957,44966,44958,44969,44956,2546,44954,44962,38537,44955,44959,44960,44971,44965,1110,44963,44961,10752,14374,44968,44964,44967],"class_list":["post-33251","post","type-post","status-publish","format-standard","hentry","category-asia","category-breaking-news","category-business","category-daily","category-economy","category-general","category-hot","category-media-news","category-world","tag-cooking-gas","tag-delhi","tag-diesel","tag-economic-experts","tag-every-month","tag-fuels","tag-hike","tag-india","tag-india-diesel","tag-indian-business-hub","tag-indian-capital","tag-indian-citizens","tag-indian-oil-minister","tag-m-veerappa-moily","tag-major-drain","tag-market-determined","tag-mumbai","tag-oil-companies","tag-oil-marketing-companies","tag-petrol","tag-price","tag-retail-prices","tag-small-doses","tag-subsidise"],"_links":{"self":[{"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/posts\/33251","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/users\/732"}],"replies":[{"embeddable":true,"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/comments?post=33251"}],"version-history":[{"count":0,"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/posts\/33251\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/media?parent=33251"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/categories?post=33251"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/tags?post=33251"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}