Gasoline and diesel have become an indispensable part of our daily lives and the revision of the price of petroleum products affects all main sectors directly or indirectly.

Although the price of fuel continues to be on a higher side, there are no major changes witnessed in the level of fuel in various Odisha places on Saturday.

According to the latest report, customers reportedly pay RS 103.01 per liter of gasoline in the Capital of the State while diesel is sold at a price of RS 94.58 per liter.

At Cuttack, customers pay RS 103.54 and RS 95.10 per liter of gasoline and diesel.

In accordance with the fuel rate chart, gasoline is sold at 109.20 in Malkangiri. In Ganjam, the cost of gasoline RS 104.11 and in the Sambalpur Petroleum Products is valued at RS 104.50. Likewise, gasoline is sold at 103.75 in Bhadrak and RS 107.63 in Koraput.

It can be noted that India meets 80 percent of its oil needs through imports. Retail rates are adjusted according to the global movement in crude oil prices.

Loans support for the Union government field for states to reduce sales tax (VAT) for Bensel and Diesel, Reserve Bank of India (RBI) Governor of Shacticanta Das on June 8 said that the cutting of PPN on fuel will help soften inflation and expectations.

The central government on May 21 cut excise tax on gasoline with a record of RS 8 per liter and that in diesel with RS 6 to provide assistance to consumers who were beaten by high fuel prices which also pushed inflation to the highest of all time. At that time, he asked the state to reduce VAT to provide further assistance. There is almost no country that reduces VAT.