On the recently passed agricultural laws, opposition and opposition are being seen from the side of the opposition in Parliament. There is also an issue in the country among them, which is rapidly putting ‘robbery’ on people’s income. However, the debate on this inside or outside the Parliament is not visible. We are talking about petrol and diesel becoming increasingly expensive in the country. The effect of oil inflation is that the pocket is being affected from the common man to the common man. According to one estimate, their expenses have gone up by about 10 per cent. Petrol auto drivers now have to work late at night to maintain their earnings as before. That is, somewhere the impact of expensive oil prices is being seen on household expenses and savings. On the other hand, the inflation of diesel is affecting the transport business. Transporters’ expenses have increased by about 15-20 per cent due to increase in diesel prices.
Petrol beyond 101 rupees!
See a revolt of petrol and diesel inflation. On February 11, in Sriganganagar, Rajasthan, extra premium petrol and diesel has crossed Rs 101 per liter. At the same time, normal petrol has also reached Rs 98.37 per liter. Talking about this year only, from January 1, 2021 to February 11, petrol has become expensive by Rs 4.14 per liter and diesel by Rs 4.14 per liter. However, in the meantime, the price of crude has also increased in the international market. Since January 1, Brent crude prices have risen by 18 percent so far. Currently, Brent prices are moving beyond 61 dollars per barrel. At the same time, Brent prices have increased by about 8.5 percent in the last one year.
Dent in job savings?
In the course of the corona epidemic, along with unlocking, offices have started opening in many cities with partial or limited manpower. The movement of employed people is going to the office. Now the effect of expensive petrol and diesel on the expenses of people going to office from their car is clearly visible. Dheeraj Kumar, working in an MNC, says, talk about the increase in petrol expenses, it has increased almost 10 percent. Now it is definitely impacting our savings. Let’s take an estimate, if the petrol expense of a jobber was Rs 10,000 a few months ago, now it has increased to about Rs 11,000.
Auto drivers working more hours
Petrol autorickshaws are running in most cities of the country. The inflation of petrol has also spoiled the arithmetic of earning and saving them, as a result, now they have to work till late night for the same income as before. So that their household expenses can run smoothly. According to the PTI report, Abdul Rahim, an autoricksa driver from Aurangabad (Maharashtra), says, “Earlier I used to drive autoricksa from 10 am to 7 pm. Now the earning from petrol inflation has come down. To compensate for this, autoricksa has to be run from 9 am to 10 pm. ” Rahim says, I am spending about 230 rupees a day on petrol, after that I am earning Rs 400. Some of the expense of earning is also spent on the maintenance of the auto. Let us know, petrol has become more expensive by Rs 18 per liter and diesel by Rs 15 since mid March 2020.
Transporters also get worse
Diesel inflation is directly impacting the transporters engaged in the freight business. Rajendra Kapoor, president of the Delhi Goods Transport Organization, says that due to the inflation of diesel, now the margin is less. Due to the increase in oil prices, expenses have gone up by about 15 to 20 percent, but there has been no increase in freight. Kapoor says that despite the inflation of oil, freight cannot be increased, there are two main reasons. First competition is high, second demand is low and supply is high. About 65 per cent of the cost of transportation is diesel. Therefore, the effect of inflation of diesel is also high.
Kapoor says that the government will now have to come forward in this matter. Otherwise, many people may even close their businesses. The government should now fix a minimum rate of kilometers for freight. This will also keep the competition equal. Right now the mathematics of increasing freight is going on demand and supply. A meeting of the Delhi Goods Transport Organization is going to take place on February 13, in which the measures to overcome the inflation of diesel will be discussed.