-: [rti4empowerment] FOR PETROL, INDIANS SHELL OUT THE MOST IN THE WORLD

Monday, November 7, 2011

[rti4empowerment] FOR PETROL, INDIANS SHELL OUT THE MOST IN THE WORLD

Dear Friends,

For petrol, we Indians shell out the most in the world

Data of retail prices in countries across the world shows that Indian prices are amongst the highest in the world at current exchange rates. Even a simple comparison of retail prices in different countries by converting them to Indian rupee reveals that petrol in India is more expensive than 98 other countries.

The second group comprises of countries like the US, Iraq, Indonesia, etc, where minimal tax is levied on petroleum products. They also have lower prices than India. A litre of petrol costs Rs 42.82 in the US.

In September this year Rs 69.90 is the average price of petrol in 24 Indian cities -Indian prices were at that time comparable to price of petrol in EU. Now, at Rs 73.71 per litre (Mumbai) it has crossed that barrier to be among the most expensive in this world

Despite huge subsidies, diesel is more expensive in India than 136 other countries. Costing $2.46 at PPP, India is 23rd most expensive in diesel prices. Can anybody explain why Indians have to bear this unbearable burden?

http://timesofindia.indiatimes.com/india/For-petrol-Indians-shell-out-the-most-in-the-world/articleshow/10023345.cms

I have given below name of Country, and their Petrol price (exchange rate converted in Indian Rupees)

Country	Price
India	73.84
Czech Republic	70.76
Japan	70.75
Thailand	67.52
Switzerland	65.57
Spain	64.58
Cayman Islands	64.25
Poland	62.48
Australia	62.46
New Zealand	57.36
Bulgaria	57.29
Canada	56.07
South Africa	55.24
South Korea	54.35
Nairobi, Kenya	45.55
Sri Lanka	44.51
USA	39.64
Pakistan	38.78
Vietnam	38.42
China	37.31
Bangladesh	36.12
Hong Kong	29.86
Iran	25.53
Malaysia	24.11
UAE	18.14
Nigeria	16.63
Afghanistan	12.37
Kuwait	9.45
Saudi Arabia	8.53
Qatar	8.25