Surge in Fuel Prices in India: Reasons, Options & Challenges - By Satish Kumar Karna
High pricing of petrol and diesel at the pump are due to two major factors: rising worldwide oil prices and a very high domestic tax structure. Fuel costs in India vary by state due to the impact of local taxes such as VAT and freight charges. For example, Rajasthan has the highest value-added tax (VAT) on petrol in the country, followed by Madhya Pradesh. Reduced fuel production and oil-rich nations seeking more profits are the other reasons behind spiralling petrol and diesel prices in the country. Also, the payment of interest and its principles for Oil Bonds contributed to the ....
Do You Want to Read More?
Subscribe Now
To get access to detailed content
Already a Member? Login here
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material since 2018 of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Policy Analysis
- 1 India’s New Space Policy : Boosting Space Economy through Private Sector Participation - By Sharmila Senthil Kumar
- 2 Geospatial Technology: Application, Significance, and Challenges - By Dr. Amarjeet Bhargava
- 3 Startup Ecosystem in India: Opportunities, Challenges and Growth Drivers - By Dr. Amarjeet Bhargava
- 4 India's Extended Neighborhood Policy: The Central Asian Context - By Satish Kumar Karna
- 5 Environmental Impact Assessment - By Chandrakant Singh
- 6 Blue Dot Network, ‘Quad Plus’ Arrangement and India’s Options - By Chronicle Editorial Team
- 7 Office of Profit
- 8 State of Education in India
- 9 Managing Healthcare
- 10 Elections in India
