By IANS
New Delhi : The Delhi government Wednesday increased petrol prices by 67 paise and diesel by 22 paise a litre to "stop recurring revenue loss".
From midnight Wedhesday, petrol will cost Rs.43.52 a litre and diesel Rs.30.47 a litre in the capital.
Said Delhi Finance Minister A.K. Walia: "Due to subsidy, we were not getting our value added tax and have been incurring a loss of Rs.11 crores (Rs.110 million) per month since February."
He refused to accept that the hike would burden consumers. "It's just a marginal hike and won't burden people."
Last week, the Delhi government announced a hike in the fares of buses, auto-rickshaws and taxis.
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