Petrol more expensive than ATF

By Vijay Kumar

IN spite of deep fall in the International crude prices, Petrol in India remains quite expensive thanks to the steep and frequent excise duty hike. Though we should be happy that the prices have come down sharply in the last few months, more than half the price of every drop of petrol that you buy go into the Finance Minister's kitty - and States are also reaping the benefits with higher VAT.

But in all this celebration, what is not much noted is that in India Jet Fuel or Aviation Turbine Fuel (ATF) costs less than Petrol.

The Prices of Petrol and ATF in major cities are: