Question

what is the reason that India's development rate is slow under current government... Why is cost of petrol increasing at fast rate. why it is needed that government should look on the cost of petrol​

Answer 1

Answer:

below is the answer with explanation

Explanation:

litre of petrol now costs upwards of Rs 90 in some Indian cities like Mumbai and Jaipur. Across most other cities and towns in the country, petrol costs remain in the upper band of Rs 80. Diesel prices have also increased sharply, well-above Rs 80 in cities like Jaipur.

But why are fuel prices rising in the country? There are two possible explanations — Increase in global crude oil prices and higher fuel taxes levied by the central and state governments.

1) Mapping the fresh rise

2) Tax pinch

hope it helps

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